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

A reality check on [Turkey coup attempt] from America’s spy chief

Asked whether Turkish allegations that cleric Fethullah Gulen planned the attempted coup passed the “smell test” of credibility, National Intelligence Director James Clapper answered: “No. Not to me.” He said that Secretary John Kerry “was right on the ball” to press the Turks to back up their extradition request with evidence of Gulen’s involvement.

Journalists and Writers Foundation’s statement [on arrest warrant issued for Mr. Gulen]

It is a well-known fact that then-Prime Minister Recep Tayyip Erdoğan had sent Bülent Arınç to Mr. Fethullah Gülen to give him the message, “We are ready to do anything you want us to do,” and that he had called on Mr. Gülen to return to the country to “put an end to homesickness” in the witness of tens of thousands of spectators in a stadium.

Columnist sees Gülen ‘conspiracy’ in ruling against Israel

Presenting the Gülen movement as the architect of the court ruling may help the government deal with a possible backlash from families, the İHH — an outspoken supporter of the government’s Middle East policies — and a wider segment of its own voters who want Israeli officials to pay for the Mavi Marmara raid, in case a reconciliation deal with Israel goes into effect. Internationally, it may help the government deal with Israeli and Western criticism that it is not committed to reconciliation with Israel despite officially vowing that it is.

Separation politics and Islam makes Gülen AKP’s enemy

“The Gülen Movement is faith inspired in its motivation, but faith neutral in its manifestation.” That is how key speaker Ozcan Keles, chairperson of Dialogue Society in London, characterized the Gülen Movement in a panel discussion on the Hizmet Movement Tuesday in the European Parliament.

Caucasus analyst Öztarsu: Only dialogue can solve Turkish, Armenian problems

YONCA POYRAZ DOĞAN, İSTANBUL Though Turkey’s relations with Armenia have been strained by a number of historical and political issues, a Turkish Caucasus analyst who lived and studied in Armenia points out in his new book that only dialogue can solve problems. “There is a great panorama of civil society activities, and I can say […]

Defamation – Turkey’s Justice Minister: Gülen Followers Take Christian Names To Infiltrate Western States

Turkey’s Justice Minister Bekir Bozdağ said on Monday that followers of Gülen movement, change their Turkish names in order to infiltrate into the institutions of the Western states.

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

[Part 2] Islamic scholar Gülen says he cannot remain silent on corruption

Alaton: I’m telling everyone about Turkish schools’ contribution to world peace

Mozambican president: I will continue to support Turkish schools

Turkish cultural day in the Philippines

Kimse Yok Mu offers cataract surgery to 2,000 Nepalese

Groundless terror probe into Kimse Yok Mu aims to intimidate civil society, GYV says

Hizmet in Context: Societal Islam Versus Political Islam

Copyright 2026 Hizmet News