Analysis

In-Depth Analysis

Smart, independent reporting on Turkey's politics, economy and foreign affairs.

CONFISCATION ECONOMY: THE PURGE THAT PAYS
Economy and Finance Jul 16, 2026

CONFISCATION ECONOMY: THE PURGE THAT PAYS

Ten years after the failed coup, the crackdown on Gülenist-owned businesses has become a revenue stream: the state has collected $1.5 billion from selling off seized firms — and the state fund managing them has grown into one of the country's largest conglomerates, its reach now extending far beyond the Gülenists.

Editorial Staff 2 min
BAHÇELİ WARNS OF NEW “PARALLEL STRUCTURE” IN STATE
Inside Turkey Sep 18, 2025

BAHÇELİ WARNS OF NEW “PARALLEL STRUCTURE” IN STATE

MHP Chair Devlet Bahçeli called for a probe into whether a new “parallel” structure has infiltrated the bureaucracy, ahead of criticisms of the judiciary. In comments about juvenile offenders, he recalled how the Gülen Terrorist Organization had established parallel networks within the government to cause chaos.

Editorial Team
TRUSTEE AT İMAMOĞLU FAMILY FIRM ALSO IN OVER 20 SEIZED COMPANIES
Economy and Finance Jul 25, 2025

TRUSTEE AT İMAMOĞLU FAMILY FIRM ALSO IN OVER 20 SEIZED COMPANIES

Enis Güçlü Şirin, the trustee appointed to İmamoğlu İnşaat—the family business of Istanbul Mayor Ekrem İmamoğlu—holds positions on the boards of more than 20 other companies. All the firms where Şirin serves are under the administration of Turkey’s Savings Deposit Insurance Fund (TMSF) which operates firms that have been seized by the state often because of bankruptcy, tax debts, or links to the Gülenist movement.

Editorial Team
IS HARRIS OR TRUMP BETTER FOR TURKEY?
Deciphering Turkish Diplomacy Nov 1, 2024

IS HARRIS OR TRUMP BETTER FOR TURKEY?

For some in Turkey whoever wins the White House in next week’s elections, it won’t make much difference. It might not be that simple. It is no secret that ever since the failed coup attempt in 2016, there has been bad blood between Ankara and the Democrats in Washington. The view that part of the U.S. establishment was close to the Gülenist movement and the lukewarm reaction shown to the coup attempt reinforced the conviction among AKP elites that had the coup succeeded, Washington was not going to shed tears for the toppling of the government.

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