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

Normalization of Abduction, Torture, and Death in Erdogan’s Turkey

Abductions, forceful disappearances, tortures, and political target killings have always been among the burning human rights violations in Turkey; however, they skyrocketed during Erdogan’s rule and especially after the failed coup attempt on July 15, 2016.

Profiled lawyer files criminal complaint against MİT, MGK

Taraf began publishing a string of confidential documents suggesting that the Justice and Development Party (AK Party) government and MİT had collected information on a large number of individuals through 2013 at the request of the MGK. The targets were reportedly members of the Hizmet movement, a faith-based community inspired by Turkish Islamic scholar Fethullah Gülen.

Gülen says he supports broader press freedoms

Turkish Islamic scholar Fethullah Gülen has said he advocates broader rights specifically in the arenas of freedom of expression and freedom of the press for journalists, including those who “unjustly” accuse him of conspiring against them. The allegations were recently voiced following the recent release of four journalists released pending trial in the OdaTV case, […]

Land tender won by TUSKON reopened in defiance of court decision

The tender for a large parcel of land which was won by the Turkish Confederation of Businessmen and Industrialists (TUSKON) was reopened on Monday, despite a prior court decision barring such a move, according to a statement from the confederation on the same day.

Organization (Kimse Yok Mu?) helped 79 Syrian families

“Is Anybody There?” Organization officials delivered donations, blankets and food to Syrian families with the coordination of AFAD (Disaster and Emergency Management Department) officials. The president of “Is Anybody There?” Elazig branch, Mr. Onder Colak, noted that they have been making donations to Syrian refugees in Turkey since the first days of civil war outbreak in Syria.

Kurds, Turkey and growing with Öcalan’s help?

As far as the Kurds living in other countries are concerned, as Fethullah Gülen underscored in his Rudaw newspaper interview, Turkey should not only be interested in the well-being of Turks’ ethnic brothers in other countries but also Kurds’ and other ethnically non-Turkish citizens’ brothers and relatives all over the world. Thus, instead of seeing an autonomous Kurdish region in northern Syria as a threat, we must be happy that our Kurdish relatives on the other side of the border will hopefully have better living standards and human rights.

Latest News

European Human Rights Treaty Faces Legal And Political Tests

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

Erdoğan’s Civil Death Project’ : The ‘politicide’ spanning more than a decade

Fethullah Gülen’s Vision and the Purpose of Hizmet

After Reunion: A Quiet Transformation Within the Hizmet Movement

Erdogan’s Failed Crusade: The World Rejects His War on Hizmet

Fethullah Gulen – man of education, peace and dialogue – passes away

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

Hizmet Movement Declares Core Values with Unified Voice

In Case You Missed It

Gülen’s lawyer denies any link with bugging probe suspect

Obama to become a parallel, too?

Gülen’s lawyer, Court of Appeals deny claims of AK Party official

Laughter-guaranteed terrorist organization indictment

In Conversation with Fethullah Gülen (Interview in Asharq Al-Awsat-I)

Turkish School Officially Opens in Rwanda

Will Turkey’s assassinations reach America?

Copyright 2025 Hizmet News