World · Middle East · 2 hrs ago

Dünya newspaper owner Umut Güner detained in fund investigation

Dünya newspaper owner Umut Güner detained in fund investigation

Turkish businessman Umut Güner was detained in an investigation into investment funds led by the Istanbul Chief Public Prosecutor’s Office.

Güner owns Dünya, an economics newspaper in Turkey, which he bought in 2024.

Bulls Yatırım Holding owns 20.45% of Dünya Holding, the company linked to the newspaper.

Turkey’s Capital Markets Board had previously ordered the liquidation of 15 investment funds managed by Bulls Portföy.

The investigation is examining the financial links between the two holdings, according to the accounts of the detention.

The detention brings a media company into focus in a case concerning funds and business relationships.

The sources give no details about possible charges or what will happen next.

3 sources

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