by TurkeyPurge | Mar 5, 2019 | Today in Crackdown
Turkey’s state-run Savings Deposit Insurance Fund (TMSF) Chairman Muhiddin Gülal said Monday 932 companies that were earlier confiscated over Gulen links are now under TMSF’s control. Gulal said the companies are valued at TL 21.2 billion ($3.9 billion) and have...
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 | May 20, 2018 | Today in Crackdown
Machines that would once print daily copies of the Zaman newspaper and its affiliates have been put up for sale by the state-run Savings Deposit Insurance Fund (TMSF). 2 newspaper printing machines, 2 CTP machines, and 1 packaging line that were seized from the...
by TurkeyPurge | May 14, 2018 | Today in Crackdown
Fifteen more companies were seized as part of an investigation into the Gulen movement, which the Turkish government blames for the July 15, 2016 failed coup, media reported Monday. A trustee panel was appointed to 15 companies in the Merzifon district in...