Detention warrants were issued for 68 people who used to own A Type shares at the now-defunct Bank Asya, on Wednesday.
A Type shareholders had authority to elect the executive board and make trade-related and administrative decisions before the bank was seized and declared bankrupt due to its ties to the Gulen movement.
Warrants were issued at an Istanbul prosecutor’s orders and police carried out operations in 9 provinces. At least 49 of the suspects were rounded up at the time of this writing while police were seeking the others, two of whom were reported to be abroad now.
The suspects are accused of links to the movement which the government blames for the July 15, 2016 coup attempt. The group denies involvement however some 150,000 people have already passed through police custody over Gulen links so far.