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Turkish vice president says gov’t took over 1,004 companies across 42 provinces

Turkey’s Vice President Fuat Oktay has said the state-run Savings Deposit Insurance Fund (TMSF) had appointed trustees to 1,004 companies across 42 provinces as...

1,022 companies taken over by state fund due to Gülen links since July 2016

Turkey’s state-run Savings Deposit Insurance Fund (TMSF) Chairman Muhiddin Gülal has announced that a total of 1,022 companies have been taken over the by...

Turkey’s confiscation of media companies taken to international tribunal

The Turkish government’s seizure of independent media companies is to be challenged in two international cases on the grounds that the multi-billion expropriations violate...

TMSF to convert assets in foreign currency to Turkish lira

Turkey’s Savings Deposit Insurance Fund (TMSF) announced on Friday it would convert its assets in foreign currency to the Turkish lira as part of...

[OPINION] Erdoğan and his cronies seize the wealth of critics in Turkey

Abdullah Bozkurt The unlawful seizure of assets of companies worth tens of billions of dollars and the confiscation of the wealth of critics of President...

TMSF puts assets of 11 seized media outlets up for sale

Turkey’s Savings Deposit Insurance Fund (TMSF) has put property belonging to 11 media outlets that were closed down by the Turkish government in the...

22 businessmen, former Bank Asya staff detained over Gülen links

Turkish police on Thursday detained 22 people including businessmen and former Bank Asya staff as part of an investigation launched by the Kastamonu Chief...

Luxury cars seized from Gülen-linked businessmen sold for less than value

A total of 780 luxury cars seized from 1,019 companies across 43 provinces that were seized due to their alleged links to the Gülen...

Turkish gov’t takes control of pro-Kurdish daily, detains 21

Turkish authorities have taken control of the pro-Kurdish Özgürlükçü Demokrasi newspaper on the grounds that it has links to the terrorist Kurdistan Workers’ Party...

Key gov’t agencies to be subordinated to Erdoğan

Turkey’s Radio and Television Supreme Council (RTÜK), Savings Deposit Insurance Fund (TMSF), Banking Regulation and Supervision Agency (BDDK) and Capital Markets Board (SPK) will...

Gov’t puts property of 5 shuttered media outlets up for sale

Turkey's Saving Deposit Insurance Fund (TMSF) has put property belonging to five media outlets that were closed down by the Turkish government in the...

Turkish gov’t seizes 966 companies worth TL 48.5 bln over Gülen links

The Turkish government has seized 966 companies and 4,888 of their properties, with a total value of TL 48.5 billion, over alleged links to...

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