President Recep Tayyip Erdogan has accused Turkey’s main opposition party of peddling lies by saying that his family has transferred millions of dollars into foreign bank accounts to avoid taxes.
The Republican People’s Party (CHP) on November 29 filed a parliamentary motion asking for an investigation into its allegations. CHP leader Kemal Kilicdaroglu says he can back the accusations with documents detailing money transfers amounting to $14mn by members of Erdogan’s family. The money was allegedly sent to the Isle of Man.
Erdogan refuted the accusations against his family and said he would pursue Kilicdaroglu in court. “These people haven’t sent a dime abroad,” Erdogan said.
Erdogan’s lawyer described the documents as fake and called on Kilicdaroglu to hand them over to prosecutors.
Hurriyet newspaper quoted CHP spokesman Bulent Tezcan as saying the prosecutor had no role to play in the matter. “We know you are trying to drown this out and silence everyone, but we will not be silenced,” he said. “It is not ethical. Our chairman did not say whether this was a crime or not. He has made no evaluation in criminal terms.”
Big Turkish conglomerate Dogus Holding could reportedly turn out to be a “canary in the coal mine” for Turkey’s corporate debt problems, the Financial Times wrote on April 24. ... more
Turkey is at risk of becoming a “disease-prone desert” with water resources and forests disappearing, Hurriyet Daily News reported Professor Mikdat Kadioglu from Istanbul Technical University’s ... more
The strongly positive initial reaction given by markets to April 18’s surprise announcement of snap elections in ... more