- 3d ago
Turkey's banking regulator chief offers to resign over $20bn scandal
Şahap Kavcıoğlu, a former central bank governor, asked President Recep Tayyip Erdoğan to relieve him as head of the BDDK while a stock market scandal reaches into the ruling party.
- Nov 6
Former Turkish minister Fatma Betül Sayan Kaya remanded in custody over fund probe
A court has ordered former family minister Fatma Betül Sayan Kaya held in pre-trial detention in an investment fund probe that has affected about 455,000 investors. Her husband was released under judicial control.
- Oct 1
Turkey's BIST 100 enters bear market after 131 investment funds face liquidation
Turkey's BIST 100 index fell into a bear market following a 16.65% drop in September, as regulators placed 131 investment funds under liquidation amid an expanding manipulation probe.