At least 783 companies across Turkey are currently managed by trustees appointed by the Erdogan government under the pretext of terror suspicion, according to a main opposition CHP deputy.
Speaking to the media, Bülent Kuşoğlu, CHP’s vice chairman, accused Turkey’s state-run Savings Deposit Insurance Fund (TMSF) of seizing the companies and other properties owned by Erdogan-critic businessmen.
“When someone is believed to be a so-called terrorist, all od his properties are being seized and the TMSF appoints trustees [to his companies]. There are a total of 783 companies managed by TMSF-backed trustees in Turkey. If you had 1 billion dollars, would you keep it in Turkey?” Kuşoğlu said.
The Turkish government has been confiscating the properties of non-loyalist businesspeople without due process on unsubstantiated charges of terrorist links. The companies are accused of having connection to the Gülen group or the Kurdistan Workers’ Party (PKK).
The government accuses the Gulen group of masterminding the failed coup attempt on July 15, 2016 even though the latter denies any involvement. The government’s crackdown against the group, however, is not limited to the period following the coup attempt since the management of many organizations affiliated with the group have already been seized by the TMSF over the course of the past six years.