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Detention warrants issued for 78 Bank Asya senior executives

The İstanbul Chief Public Prosecutor's Office on Friday issued detention warrants for 78 senior executives of Bank Asya, which was confiscated by the Turkish...
Business

77-year jail sentence sought for businessman İpek over Gülen ties

An indictment prepared by the Ankara Chief Public Prosecutor's Office as a result of an investigation into Koza-İpek Holding seeks a jail sentence of...
Business

Detention warrants issued for 14 more businessmen in Kayseri-based coup probe

The Kayseri Chief Public Prosecutor's Office has issued detention warrants for 14 businessmen as part of an investigation targeting people linked to the Gülen...
Business

GRECO: Turkey’s compliance with recommendations to fight corruption is globally unsatisfactory

The Council of Europe’s anti-corruption group, the Group of States against Corruption (GRECO), on Monday published an interim compliance report on Turkey in which...
Business

Turkish gov’t seized 942 companies worth TL 40.5 bln since failed coup

Turkey's Justice and Development Party (AKP) government has seized a total of 942 companies with a total value of TL 40.5 billion since a...
Business

Report: Friend of Trump Azeri billionaire gave Erdoğan $25 mln oil tanker in 2008

An Azeri billionaire secretly purchased a $25 million oil tanker for then-Prime Minister and current Turkish President Recep Tayyip Erdoğan in 2008, according to...
Business

Gang leader given ‘most benevolent businessman’ award by Milliyet daily

Sedat Peker, a convicted gang leader and staunch supporter of President Recep Tayyip Erdoğan, has been given the "most benevolent businessman" award by the...
Business

879 companies worth TL 40.3 billion seized by Turkish gov’t since coup attempt

A total of 879 companies with a total value of TL 40.3 billion have either been transferred to Turkey’s state-run Savings Deposit Insurance Fund...
Business

Malta Files reveal PM Yıldırım’s family enterprise is worth over 100 million euros

An investigation into Turkish Prime Minister Binali Yıldırım's family enterprise, part of the European Investigative Collaborations’ (EIC) Malta Files, has revealed that his family...
Business

Turkey, Russia sign deal to normalize trade relations

Turkey and Russia signed a declaration in İstanbul on Monday to normalize trade relations, which were badly affected after a jet-downing crisis in 2015. According...
Business

23 detained in operation at Koza-İpek Holding

Turkish police teams on Wednesday detained 23 employees of Koza-İpek Holding, which was taken over by the government in 2016 as part of an...
Business

Turkey’s unemployment rate at 12.6 percent in February

Turkey's unemployment rate stood at 12.6 percent in February, falling from a seven-year high of 13 percent a month earlier but up from 10.9...
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