Turkish Gov’t Seizes 965 Gülen Movement Affiliated Firms With $11.3 Billion Worth


Date posted: July 9, 2017

Turkish Deputy Prime Minister Nurettin Canikli said on Friday that the Turkish government has seized 965 companies which were affiliated to the Gülen movement. The value of assets belonging to companies seized by the Turkish state during the ongoing state of emergency is also announced as nearly 41 billion Turkish Liras (around $11.3 billion).

In a statement, Canikli said the Savings Deposit Insurance Fund (TMSF), operating through state of emergency decree laws, has been given power of trustee over 965 seized institutions. The TMSF was also appointed as a trustee for the seized assets of 107 individuals.

The Turkish government has been confiscating the private property of non-loyalist businesspeople without due process on unsubstantiated charges of terrorist links.

The companies are alleged to be connected to the faith-based Gülen movement, with the government coining the term “FETÖ” to designate the movement as a terrorist organization despite the lack of any court verdict to that effect.

The government accuses the movement of masterminding the failed coup attempt  on July 15 even though the latter denies involvement, demanding credible evidence.

The government’s crackdown against the movement, however, is not limited to the period following the coup attempt since the managements of many organizations affiliated with the movement have already been seized by the TMSF over the course of the past three years.

 

Source: Stockholm Center for Freedom , July 7, 2017


Related News

Kimse Yok Mu purchases houses for 11 Soma families

MUSTAFA KUŞEN / MANISA The Turkish charity Kimse Yok Mu (Is Anybody There) has financed the purchase of houses for the families of 11 miners who were among 301 killed in a mining disaster in the district of Soma in western Manisa province in May. On May 13 Turkey was shocked by an explosion and […]

5 million people expected to attend 11th Int’l Turkish Olympiads

İSA YAZAR Five million people are expected to watch the wide range of shows to be performed in 55 Turkish cities as part of the 11th International Turkish Olympiads, a festival that celebrates the Turkish language and is this year brings together 2,000 students from 140 countries. The 11th International Turkish Olympiads, which is organized […]

Bryan couple joins interfaith tour of Turkey

María de Lourdes Ruiz Scaperlanda, Special Correspondent Perhaps curiosity first put the idea in their minds. Or perhaps it was simply the opportunity for exotic travel. But Freddie and Carrie Komar promptly realized that this was no ordinary tour. “When I started, this was just a trip to Turkey. But now,” Carrie paused and smiled, […]

Netherlands fires a lawyer from gov’t job due to her role in witch hunt against Gulen followers

A Turkish lawyer working for the Dutch government was kicked off her job due to her active role in massive post-coup witch hunt targeting the alleged followers of the Gülen movement in the Netherlands.

Supreme court calls on AK Party’s Şahin to substantiate claim about Gülen

The Supreme Court of Appeals has asked a senior Justice and Development Party (AK Party) official to hand over any evidence regarding his allegations about US-based Turkish Islamic scholar Fethullah Gülen amid claims by the official that a judge at the high court had acted contrary to legal procedures and contacted Gülen before issuing his final verdict in a case against a businessman several years ago.

An interview at a party-state

President Recep Tayyip Erdoğan’s witch-hunt campaign to find and eliminate people who are sympathizer of the Hizmet movement and not sympathizer of the government was reflected in interviews that were organized by the Ministry of Education last month. It seems Turkey has totally become a party-state.

Latest News

Fethullah Gülen’s Condolence Message for South African Human Rights Defender Archbishop Desmond Tutu

Hizmet Movement Declares Core Values with Unified Voice

Ankara systematically tortures supporters of Gülen movement, Kurds, Turkey Tribunal rapporteurs say

Erdogan possessed by Pharaoh, Herod, Hitler spirits?

Devious Use of International Organizations to Persecute Dissidents Abroad: The Erdogan Case

A “Controlled Coup”: Erdogan’s Contribution to the Autocrats’ Playbook

Why is Turkey’s Erdogan persecuting the Gulen movement?

Purge-victim man sent back to prison over Gulen links despite stage 4 cancer diagnosis

University refuses admission to woman jailed over Gülen links

In Case You Missed It

Erdoğan admits gov’t capitalized on coup attempt to pursue Gülen movement

Turkey Coup: Fethulah Gulen Is Not A Terrorist

Twitter users protest plan to close prep schools in Turkey

When nations spy on their nationals on foreign soil

President Erdoğan envies the Hizmet according to prominent columnist

AFSV Statement on Turkish Government Actions against Free Media

Gülen makes application to top court over slanderous report

Copyright 2024 Hizmet News