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

Erdoğan…a factionist PM?

Now that the prime minister is battling a corruption scandal for which he is blaming the Hizmet movement, his new victims are Fethullah Gülen’s followers, who he calls “traitors.”

Turkey’s targeted teachers find refuge in Vietnam

Vietnam feels like an odd refuge for those who put their faith in one of Turkey’s most controversial political figures—a man who preaches peace, but has been accused of fomenting war. For Yildirim and others like him, however, it may prove the safest place in the world.

Turkish officials cancel green passport of Islamic scholar Gülen

Nurullah Albayrak, Gülen’s lawyer, said the decision to cancel the scholar’s passport is politically motivated and has no legal basis. He said Gülen was granted a green passport after his application to the relevant authorities following the adoption of Article 4 of Law No. 5682, which allows certain state officials and retired or resigned public servants to apply for a green passport after a review of their status during their work.

State discrimination against Hizmet movement sympathizers

Recep Tayyip Erdoğan and the Justice and Development Party (AK Party) government is aiming to take all steps to finish off Hizmet movement sympathizers by any means. Discrimination is one of these steps. Discrimination is a human rights violation. I would like to share five of my personal experiences, of many more, to show what kind of discrimination is being committed against the movement’s sympathizers.

EU lends support to mosque-cemevi project

The European Union, which has been closely following the rights of Alevis in Turkey for years, has lent its support to a mosque-cemevi project to be built in Ankara. The European Commission said it supported dialogue that led to mutual understanding and peaceful coexistence, calling these principles the “hallmark of the EU.” Peter Stano, the spokesperson […]

Erdoğan’s abstract enemies: parallel organization and superior mind

Totalitarian regimes rely on their ability to manufacture enemies. In his New Year message, President Recep Tayyip Erdoğan referred to a host of “external enemies” and “traitors.” The ruling party characterizes these traitors as the “parallel organization” and “superior mind.” The phrases “parallel state” and “Pennsylvania organization” are used synonymously with the “parallel organization” as well.

Latest News

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

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

Fethullah Gülen’s Vision and the Purpose of Hizmet

In Case You Missed It

Reconsidering Gender Equality and Peaceful Societies

Erdoğan calls critics, civil movements ‘traitors,’ threatens investors

Courts order corrections to gov’t media stories on Hizmet

Police raid Gülen-inspired prep schools in Erzurum

Government plans to unlawfully take over aid organization

Erdoğan’s parallel state (1)

A new book by Esposito and Yavuz on ‘The Gülen Movement’

Copyright 2026 Hizmet News