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Naksan Holding

Company seized over alleged Gülen links being sold to pro-gov’t firm at rock bottom price

Turkey’s Competition Authority has authorized the sale of a company owned by Naksan Holding, at one time one of Turkey’s largest corporations before it was...

Turkish gov’t sells company seized over alleged Gülen links at far below market value

Turkey’s Savings Deposit Insurance Fund (TMSF) has sold at well below its market value Naksan Holding, once one of Turkey’s largest corporations before it was...

Erdoğan’s government puts assets seized on political grounds up for sale

Naksan Holding used to be one of Turkey’s largest corporations, operating in the fields of energy, plastics, textiles and carpets. The company’s assets were...

68-year-old businessman gets arm broken while in jail over Gulen links

The chairman of Turkey’s Naksan Holding, who had been arrested over alleged ties to the Gülen movement, had his arm broken by detention officers, according to...

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