World · Middle East · 2 hrs ago

Borsa Istanbul chief detained in fund investigation

Borsa Istanbul chief detained in fund investigation

Borsa Istanbul chief Korkmaz Enes Ergun was detained in connection with an investigation in Istanbul.

He is accused of joining a criminal organisation and taking bribes; these are allegations, not established findings.

The investigation concerns transactions in Turkey’s capital markets.

Prosecutors have also imposed measures on the assets and financial transactions of two business leaders, the heads of Bulls Yatırım and Lydia Holding.

The investigation is being conducted by the Istanbul Chief Public Prosecutor’s Office.

The probe is continuing, but no further steps are specified.

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