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

Dozens take to Parliament Hill to protest Turkish human rights violations

Dozens of protesters packed the steps of Parliament Hill Saturday to draw attention to human rights violations against women and children in Turkey, in the wake of last summer’s failed coup.

Refugee mother overjoyed after reuniting with daughters

“There are many Turkish refugees in Canada in the same situation and separated from their families. I hope Canadian officials can use their discretion and do the same thing for them to be together,” said Baris. “I’m still missing my husband. My daughters are missing their father. Hopefully, he can join us soon.”

Exiled Turkish professor ‘leading US university’

Medical scholar branded a ‘terrorist’ by Turkey over his alleged links to a US-based cleric is named head of an institution in Texas. Professor Tekalan is a former rector of Istanbul’s Fatih University.

Fethullah Gülen’s Message of Condolences and Condemnation of the Terrorist Attack in Istanbul

Fethullah Gülen: I condemn, in the strongest terms, the cruel terrorist attack carried out beside the Istanbul Beşiktaş Football Stadium that cost the lives of 44 of Turkish citizens, the majority of whom are members of the security forces.

Bosnian Schools Feel Heat From War on ‘Gulenists’

However, Vibor Handzic, head of the smaller Nasa Stranka party in the Sarajevo municipality of Stari Grad, said, “We must not accept the logic by which Erdogan’s regime can be both prosecutor and judge and may persecute people [in Bosnia] with no evidence,” Handzic said. Bosna Sema concedes that Gulen’s ideas inspired its founders but dismisses claims that it is linked to terrorism or to the failed coup.

Visually impaired journalist sent to prison over Gülen links

Visually impaired Turkish journalist Cüneyt Arat was sent to prison late on Monday due to his alleged links to the Gülen movement. When Arat learned that a prison sentence approved by an upper court on Sunday, he turned himself in to the police later the same day.

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

UN Peace Conference renews commitment against extremism of all kinds

Freedom award recipient Bartholomew praises Gülen’s peace efforts

Retired public servant under custody for distributing donations to post-coup victims

Turkish Charity in Virginia send 30 thousand blankets to Syrian refugees

EU expresses concern over declaration of Gülen movement as terrorist without due process

Islamic Scholar Fethullah Gulen Condemns Brussels Terrorist Attacks

EU lends support to mosque-cemevi project

Copyright 2024 Hizmet News