Five more companies belonging to the Mugla-based Cobanlar Group has been seized by the government over alleged links to the Gülen movement, accused of masterminding the July 15, 2016 coup attempt.
The movement denies any involvement.
Trustees were appointed to Cobanlar’s 3 companies on June 4 and to the same group’s 2 other companies on June 8.
Accused of raising donations to the movement, the conglomerate operates in the marble sector, both producing and importing marble to the world from the western province of Mugla.
Cobanlar’s owner Sami Coban has been under arrest over his ties to the movement since Aug 25, 2016.
The government detained more than 120,000 and jailed some 50,000 since last summer. Meanwhile, a total of 922 companies with a total value of TL 40.8 billion [$11.46 billion] in assets have been transferred to the state-run Savings Deposit Insurance Fund (TMSF) since the coup attempt. The companies in question were mostly targeted as part of a sweeping state crackdown against the movement.