Logistics companies seized over Gülen links sold in fast-track auction


Date posted: July 31, 2021

Turkey’s Savings Deposit Insurance Fund (TMSF) announced it has sold Sürat Kargo and Sürat Lojistik, private logistics companies that had been transferred to the TMSF due to their alleged affiliation with the Gülen movement, for TL 335 million ($40 million), the Kronos news website reported on Friday.

Numerous private companies were transferred to TMSF due to their alleged links to the Gülen movement before and after a failed coup in 2016.

The ruling Justice and Development Party (AKP) and its leader President Recep Tayyip Erdoğan accuse the movement of orchestrating the abortive putsch, although it strongly denies any involvement.

Sürat Kargo and Sürat Lojistik were operating under Kaynak Holding, which was seized by the government in 2015.

According to a statement posted on the TMSF website, three bids were submitted for the companies, with the highest TL 327.5 million, and during the auction phase, conducted based on the highest bid offered during the first phase, a bidder agreed to pay TL 355.5 million.

The fast-track sale of the companies only TL 10 million over their estimated value as well as the short period allowed for submitting bids — 10 days including the Eid al-Adha holiday — has led some to question whether the bidding process was arranged.

Journalist İbrahim Kahveci from the Karar daily asked why the TMSF acted so hastily in selling Sürat Kargo while choosing to act slowly in tenders with lower estimated values.

“Was the buyer selected beforehand? Did they think they should sell it immediately after finding a potential buyer? The sale price was just TL 10.5 million over the estimated value of TL 325 million. Who were the bidders and who won the tender? Are all these trade secrets?” Kahveci asked.

Source: Turkish Minute , July 30, 2021

Tags: | |


Related News

Mischief-makers and the Hizmet movement

Mischief-makers continue to work hard. Every objective conscience sees that the Hizmet movement now has to struggle for its rights and to defend itself against some unjust and fallacious accusations, such as that the Hizmet movement has created a parallel state, that it is an illegal organization and that it is even a junta.

Government carried out a “controlled” coup in an attempt to exploit its outcomes: Opposition leader

The main Turkish opposition party has accused the ruling Justice and Development Party (AKP) of having prior knowledge of the failed July 15, 2016 putsch, saying Ankara carried out a “controlled” coup in an attempt to exploit its outcomes.

Opposition journalists speak at U.N. panel on Turkey’s human rights record

Two exiled Turkish journalists spoke on a United Nations human rights panel on Turkey’s human rights violations and jailed journalists despite attempts by the Turkish Ministry of Foreign Affairs to cancel the session.

Opposition deputy: Police detain one more woman shortly after delivery

B.Ö., a Turkish woman who gave birth on Thursday in the Turkish province of Adana, was detained ealy later the same day over alleged links to Turkey’s Gülen group. Sezgin Tanrıkulu, a Turkish deputy from the main opposition Republican People’s Party (CHP) has called on Turkish authorities to stop the practice of detaining women hours after giving birth.

Gov’t ban on charity Kimse Yok Mu hits orphans

Thousands of orphans and needy people around the world whose lives depend on the aid they receive from charities such as Kimse Yok Mu (Is Anybody There?), the largest volunteer and global aid organization based in Turkey, are at risk of being affected by the Turkish government’s restrictions on the charitable association.

Pro-government paper claims with photoshopped image that Gülen has Vatican passport

In one more of a series of fabricated reports, the pro-government Takvim newspaper ran a lead story on Saturday claiming that Muslim scholar Fethullah Gülen holds a passport from the Vatican since he receives instructions from the Catholic Church. It was discovered that an image of a Vatican passport found on Google was photoshopped by Takvim daily.

Latest News

Sacramento leaders gather for Iftar dinner in celebration of Ramadan

SEO Skill Suite: Tools for Keyword Research, Technical & Backlink Analysis

Turkish inmate jailed over alleged Gülen links dies of heart attack in prison

Message of Condemnation and Condolences for Mass Shooting at Bondi Beach, Sydney

Media executive Hidayet Karaca marks 11th year in prison over alleged links to Gülen movement

ECtHR faults Turkey for convictions of 2,420 applicants over Gülen links in follow-up to 2023 judgment

New Book Exposes Erdoğan’s “Civil Death Project” Targeting the Hizmet Movement

European Human Rights Treaty Faces Legal And Political Tests

ECtHR rejects Turkey’s appeal, clearing path for retrials in Gülen-linked cases

In Case You Missed It

Ishak Alaton: Fethullah Gülen is the most “other” in Turkey

EU denies claims of designating Gülen group as ‘terrorist org’ in report

AfSV Statement on the Turkish government’s detainment of Kutbettin Gülen

Lawyer: Claims about Gülen followers among ‘jihadist group’ baseless defamation

Turkish language and culture festivals held in three countries

“We will celebrate a new world”

Kimse Yok Mu distributes heating stoves in Mongolia

Copyright 2026 Hizmet News