by TurkeyPurge | Aug 16, 2018 | Today in Crackdown
A newly-released commercial by the government-seized furniture maker, Bellona features Nur Viral, a TV personality and the wife of President Recep Tayyip Erdogan’s adviser Cemil Ertem. Kayseri-based Boydak Holding and its subsidiaries including Bellona were seized by...
by TurkeyPurge | Jul 19, 2018 | Today in Crackdown
The number of companies run by the state-run Savings Deposit Insurance Fund (TMSF) has reached to 937, according to the watchdog’s president Muhiddin Gülal. Speaking to media on Wednesday, Gulal said 937 companies with TL 50 billion [$11 billion] in assets are under...
by TurkeyPurge | Jan 5, 2018 | Today in Crackdown
Journalists Cem Küçük and Fuat Uğur, staunch supporters of Turkish President Recep Tayyip Erdoğan, called on the government to seize all assets of people linked to the Gülen movement to pay off a fine the US Treasury is expected to impose on Turkish state lender...
by TurkeyPurge | Jul 8, 2017 | Today in Crackdown
A total of 965 companies with a total value of TL 41 billion [$ 11.32] billion in assets have either been transferred to Turkey’s state-run Savings Deposit Insurance Fund (TMSF), or trustees have been appointed to their management by the government since a failed coup...
by TurkeyPurge | May 31, 2017 | Today in Crackdown
Seven of the media outlets Turkish government seized under post-coup emergency rule have been put up for sale by the state-run Savings Deposit Insurance Fund (TMSF). In a statement on May 31, TMSF listed properties belonging to Can Erzincan, Barış and Ört TV stations,...