Analysis
Smart, independent reporting on Turkey's politics, economy and foreign affairs.
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.
Three seemingly separate stories — a party purge, a criminal network, and a political assassination — are converging into a single story with the ruling alliance partner MHP at its heart.
On the ninth anniversary of the July 15 coup attempt, Turkish authorities launched a new wave of raids targeting the Gülenist movement, which Turkey officially labels as the terrorist group “FETÖ.”