Economy 36 sources 19 Sept, 13:15

BDDK revokes operating license of Iran-based Bank Mellat

Under a decision dated September 18 published in the Official Gazette, the operating license of Bank Mellat's Istanbul Türkiye Central Branch was revoked under Article 71/1-b of the Banking Law; according to DW and Euronews, the justification cited a threat to depositors' rights and the trust and stability of the financial system.

BDDK, Bank Mellat'ın Türkiye'deki faaliyet iznini kaldırdı — Photo: Ekonomim

News sources 36 sources

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

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Fon yöneticisi ve holding patronlarının mal varlıklarına tedbir konuldu — Photo: Tele2 Haber

Economy World press 33 sources 19 Sept, 09:37

Differing figures on number of arrests in capital markets investigation

Justice Minister Akın Gürlek announced that suspects, including a fund management board chairman and members, were arrested over allegations of manipulative trading, and 51 people were banned from leaving the country; access to 246 social media accounts was blocked.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Where reports differ

State media and foreign press TRT Haber and DW Türkçe reported in their headlines that a total of 20 suspects were arrested.

Opposition and independent press Tele2 Haber and Bloomberg HT, citing Gürlek's statement, highlighted that 4 suspects were arrested and 51 people were subjected to a travel ban.

Akın Gürlek Istanbul Chief Public Prosecutor's Office Capital Markets Board (SPK) Cybersecurity Directorate

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BDDK revokes operating license of Iran-based Bank Mellat

News sources 36 sources

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