Eleven people, including Mehmet Kenan Tekdağ, Remzi Sanver and Mehmet Sıddık Kaya, were arrested in the investigation against Can Holding and Ciner Group. The Istanbul Chief Public Prosecutor’s Office decided to seize 121 companies as part of an investigation on charges of “establishing an organization”, “qualified fraud” and “money laundering”. The SDIF was appointed as a trustee. According to MASAK reports, 88 billion TL of money movement of unknown origin was detected in the holding’s accounts between 2020-2021. An arrest warrant was issued for businessman Turgay Ciner, who is abroad. Within the scope of the investigation, trustees were also appointed to some companies belonging to the Ciner Group.
October 20, 2025
Independent Turkish