Connect with us

Hi, what are you looking for?

World

Turkey detains three top businessmen in probe after coup

-

Turkish authorities on Friday widened their post-coup crackdown to the business sector, detaining three top tycoons as part of investigations into the activities of US-based preacher Fethullah Gulen.

Security forces in the central city of Kayseri detained the chairman of the family-owned Boydak Holding company, Mustafa Boydak, and two other top executives, state-run Anadolu news agency said.

He and the two other executives -- Sukru and Halit Boydak -- were detained at their homes. Efforts were continuing to detain former chairman Haci Boydak as well as Ilyas and Bekir Boydak for whom warrants have also been issued.

The detentions were part of an investigation into the financing of Gulen's activities in Turkey. Ankara blames the reclusive cleric for the failed July 15 coup aimed at unseating President Recep Tayyip Erdogan.

These appear to be the first major arrests targeting the business world in a crackdown that has already sought to eradicate Gulen's influence from the military, legal system, education and civil service.

Picture released by the Tukish Presidential press office shows President Recep Tayyip Erdogan (L) si...
Picture released by the Tukish Presidential press office shows President Recep Tayyip Erdogan (L) signing a decree during a meeting with the Supreme Military Council
Kayhan Ozer, TURKISH PRESIDENTIAL PRESS OFFICE/AFP

Mustafa Boydak is also the head of the chamber of commerce in Kayseri, a fast growing city dubbed one of the "Anatolian Tigers" for the growth and prosperity it has enjoyed under Erdogan's rule.

Boydak Holding has interests in furniture, energy and finance, and notably owns the prominent Istikbal and Bellona furniture firms.

Family-owned holding companies form the backbone of the corporate economy in Turkey, owning many of its most famous brands.

Almost 16,000 people have been detained so far in the nationwide crackdown, the magnitude of which has caused international alarm.

Turkish authorities on Friday widened their post-coup crackdown to the business sector, detaining three top tycoons as part of investigations into the activities of US-based preacher Fethullah Gulen.

Security forces in the central city of Kayseri detained the chairman of the family-owned Boydak Holding company, Mustafa Boydak, and two other top executives, state-run Anadolu news agency said.

He and the two other executives — Sukru and Halit Boydak — were detained at their homes. Efforts were continuing to detain former chairman Haci Boydak as well as Ilyas and Bekir Boydak for whom warrants have also been issued.

The detentions were part of an investigation into the financing of Gulen’s activities in Turkey. Ankara blames the reclusive cleric for the failed July 15 coup aimed at unseating President Recep Tayyip Erdogan.

These appear to be the first major arrests targeting the business world in a crackdown that has already sought to eradicate Gulen’s influence from the military, legal system, education and civil service.

Picture released by the Tukish Presidential press office shows President Recep Tayyip Erdogan (L) si...

Picture released by the Tukish Presidential press office shows President Recep Tayyip Erdogan (L) signing a decree during a meeting with the Supreme Military Council
Kayhan Ozer, TURKISH PRESIDENTIAL PRESS OFFICE/AFP

Mustafa Boydak is also the head of the chamber of commerce in Kayseri, a fast growing city dubbed one of the “Anatolian Tigers” for the growth and prosperity it has enjoyed under Erdogan’s rule.

Boydak Holding has interests in furniture, energy and finance, and notably owns the prominent Istikbal and Bellona furniture firms.

Family-owned holding companies form the backbone of the corporate economy in Turkey, owning many of its most famous brands.

Almost 16,000 people have been detained so far in the nationwide crackdown, the magnitude of which has caused international alarm.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

World

The world's biggest economy grew 1.6 percent in the first quarter, the Commerce Department said.

Business

Electric cars from BYD, which topped Tesla as the world's top seller of EVs in last year's fourth quarter, await export at a Chinese...

World

Former US President Donald Trump attends his trial for allegedly covering up hush money payments linked to extramarital affairs - Copyright AFP PATRICIA DE...

Business

Turkey's central bank holds its key interest rate steady at 50 percent - Copyright AFP MARCO BERTORELLOFulya OZERKANTurkey’s central bank held its key interest...