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Turkish gov’t selling aircraft seized from Gülen-linked businessmen

Turkey's state-run Savings Deposit Insurance Fund (TMSF) is selling two private passenger jets owned by companies seized from businessmen over their alleged links to...

885 private companies transferred to TMSF since failed 2016 coup: report

Eight hundred eighty-five private companies have been transferred to Turkey’s Savings Deposit Insurance Fund (TMSF) since a 2016 failed coup due to their alleged affiliation with...

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...

2 more members of industrialist Boydak family arrested

Two more members of the Boydak family, prominent industrialists from the Central Anatolian town of Kayseri, were arrested in İstanbul on Tuesday, with Bekir...

German-owned subsidiary in Turkey victim of gov’t purge as local partner seized

ECE Türkiye, a subsidiary of the Hamburg-based ECE, owned by the Otto family, was forced to cancel a management contract for a Turkish shopping...

Boydak Holding subsidiary HES Kablo transferred to TMSF

HES Kablo, a subsidiary of leading business group Boydak Holding, has been transferred to the Savings Deposit Insurance Fund (TMSF) due to its alleged...

Jailed Boydak brothers brought to mother’s funeral in handcuffs

Hacı, Memduh and Bekir Boydak brothers, who are three prominent businessmen from Kayseri-based Boydak Holding, were let out of prison on Saturday to attend...

Turkish official says 252 companies seized over Gülen links

Government-run Savings Deposit Insurance Fund (TMSF) President Şakir Ercan Gül announced on Tuesday that the government has seized a total of 252 companies in...

Turkey seizes assets of Boydak business group over Gülen links

The Savings Deposit Insurance Fund (TMSF) has seized all property and assets of Boydak Holding, a leading business group in the central province of...

Turkey orders asset seizure of ‘Gülen-linked’ businesses

Turkey has ordered the seizure of the assets of 187 businessmen suspected of links to the Hizmet Movement and Fethullah Gülen.Police launched a large-scale...

Former Boydak chairman released pending trial

Hacı Boydak, the former chairman of the government-targeted Boydak Holding was released pending trial on Tuesday.Boydak, along with three other company executives, had been detained...

Boydak holding executives arrested in gov’t-led probe

Two senior executives of Boydak Holding, one of the largest conglomerates in Turkey, were arrested as part of a government-led operation on charges of...

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