Türkiye launches major operation on organised crime and money laundering

A Turkish flag with the Bosphorus Bridge in Istanbul, Türkiye, September 30, 2020.
Reuters

Turkish authorities have launched a major operation targeting organised crime, smuggling, fraud, and money laundering, freezing assets of 121 companies, including major media outlets, according to TRT Haber.

The prosecutor’s office in Istanbul’s Kucukcekmece district spearheaded the investigation.

As part of the probe, accounts and assets of 121 companies within Can Holding, including prominent media groups such as Haberturk and Show TV, have been frozen.

Financial reviews reports revealed that suspects allegedly laundered illicit income through multiple sectors and attempted to gain false prestige and influence in the economy.

Arrest warrants have been issued for ten senior employees associated with these companies.

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