BRIBED IN, SQUEEZED OUT: AN IPO TALE FROM BURSA
With the investment fund scandal still unfolding, a new allegation has come to light: companies were asked for bribes to secure approval from the Capital Markets Board (SPK) to go public.
Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
With the investment fund scandal still unfolding, a new allegation has come to light: companies were asked for bribes to secure approval from the Capital Markets Board (SPK) to go public.
A court has ordered the main opposition Chair Özgür Özel to pay damages to Justice Minister Akın Gürlek in a ruling that did little to clarify how many properties the minister actually owns.
Istanbul Mayor Ekrem İmamoğlu completed his four-day defense in the second session of his trial, directly targeting President Recep Tayyip Erdoğan in testimony after more than 600 days behind bars.
Muğla and Manisa mayors denied switching to the AKP as operations against CHP and Yeni Party municipalities continued and courts delivered a string of rulings.
The Constitutional Court ended discussions about the Yeni Party’s name, but headquarters-backed candidates keep winning in the districts and provinces despite the promises to end the old CHP habit of central control.
The parliament has not established a commission to monitor progress on the surrender of weapons and personnel by the Kurdistan Workers’ Party or PKK, and Kurdish groups are complaining the process is stalled.
We’ve borrowed our headline “The Name of Sarıgül” from “The Name of the Rose,” the best-selling novel by Italian writer Umberto Eco.
Despite opposition objections, the ruling AKP and its ally MHP hold a sufficient majority in parliament to pass the agreement.
Several weeks have passed since the fund scandal broke, but no official responsible has been arrested or fired. One investigation permit has been granted for a former official, while the government is in a hurry to complete the legal steps that would put an end to the scandal.
Ankara confirmed the evacuation of four Kurdistan Workers Party (PKK) camps, possibly clearing the way for the second phase of the “Terror-Free Turkey” process.
At Ankara Bar Association No. 2, President Gökhan Ağdemir withdrew his candidacy for reelection after boasting that his bar had helped 70 of its members become judges and prosecutors. At Istanbul Bar Association No. 2, the candidate backed by AKP and MHP groups lost the presidency by six votes.
Fresh waves of judicial probes and detentions targeting opposition-led municipalities across Turkey are reshaping the country's local political landscape.