TURKEY'S CLIMATE SUMMIT COMES WITH A STEEP BILL
Preparations for the COP31 climate summit, set to be held in Antalya on Nov. 9-20, are fueling controversy over costs, procurement methods and forced land seizures.
Analysis
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Preparations for the COP31 climate summit, set to be held in Antalya on Nov. 9-20, are fueling controversy over costs, procurement methods and forced land seizures.
The Tele 1, under the administration of a trustee, has been put up for sale by the TMSF before even the first hearing of the case that led to the opposition broadcaster’s seizure.
A wave of asset seizures and prosecutions has shattered old certainties about which business groups are in favor with the government. The detentions and confiscations – some linked to the corruption probes into CHP municipalities – are raising hairs across the business world with observers uncertain whether it’s a genuine anti-corruption effort, a move to redistribute capital, or a sign of an internal power struggle within the presidency.
After the seizure of Can Holding Media Group, one of Turkey’s largest conventional media conglomerates, Kenan Tekdağ, chair of the Board of Directors, was detained in hospital, then placed under house arrest and banned from leaving the country.