A former Turkish minister is arrested in an investment fund scandal
An Istanbul court jailed former minister Fatma Betül Sayan Kaya on Friday following an investigation into a multi-billion dollar investment fund scandal. Prosecutors are investigating allegations of market manipulation that affected the savings of nearly 500,000 investors. Justice Minister Akın Gürlek announced that 112 people have been jailed pending trial in connection with the probe.
- An Istanbul court ordered Fatma Betül Sayan Kaya jailed on charges of violating capital markets law.
- A Turkish court jailed a former minister and senior member of the ruling AK Party.
- Prosecutors are looking into allegations of market manipulation affecting investors.
- Investigators found a criminal network infiltrated high levels of Turkish financial markets.
- Justice Minister Akın Gürlek announced 112 people had been jailed pending trial in the investigation.
- The opposition party Yeni accused her of obtaining large profits in a financial scandal.
Outlets: ABC Color, Al-Monitor, Bianet English, Cyprus Mail, Deutsche Welle, HotNews.ro, Kathimerini, La Libre Belgique, Punch, RTL Today, RTP Notícias, TimesLIVE, Turkish Minute
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