Turkey’s state-run Savings Deposit Insurance Fund (TMSF) Chairman Muhiddin Gülal has announced that a total of 1,022 companies have been taken over the by the TMSF due to their links to the Gülen movement since a failed coup on July 15, 2016, the Sputnik Türkiye reported on Tuesday.
The Turkish government accuses the Gülen movement of masterminding the coup attempt in 2016.
The movement denies any involvement.
According to Anadolu, the companies are valued at TL19.9 billion, have 52.9 billion in current assets and employ 46,160 people.
TMSF Başkanı: Darbe girişiminden sonra 1022 şirkete kayyum atandıhttps://t.co/bxJayJc49O pic.twitter.com/S6zM8XXUYX
— Sputnik Türkiye (@sputnik_TR) October 2, 2018
The post Turkish gov’t seizes 1,022 companies over coup charges since July 2016: report appeared first on Turkey Purge.
from Turkey Purge https://turkeypurge.com/turkish-govt-seizes-1022-companies-over-coup-charges-since-july-2016
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