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Turkey Arrests Ex-Takasbank CEO in Widening Fund Crackdown

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Turkey Arrests Ex-Takasbank CEO in Widening Fund Crackdown Turkey arrested the former chief of Takasbank and other financial executives as police expanded their investigation into the market manipulation scandal, according to state-run Anadolu Agency. Authorities arrested Yunus Arinci, who led Turkey’s settlement and custody bank before resigning earlier this month, Anadolu said. Ali Pasli, who co-founded the digital Islamic lender Adil Katilim Bank, and OMG Capital Advisors Chairman Omer...

Turkey Arrests Ex-Takasbank CEO in Widening Fund Crackdown Turkey arrested the former chief of Takasbank and other financial executives as police expanded their investigation into the market manipulation scandal, according to state-run Anadolu Agency. Authorities arrested Yunus Arinci, who led Turkey’s settlement and custody bank before resigning earlier this month, Anadolu said. Ali Pasli, who co-founded the digital Islamic lender Adil Katilim Bank, and OMG Capital Advisors Chairman Omer Murat Gulkan were also arrested, according to the news agency, which didn’t specify the charges against them.
Turkey (LOCATION) Ex-Takasbank (ORG) Widening Fund (ORG) Takasbank (ORG) Anadolu Agency (ORG) Yunus Arinci (PERSON) Anadolu (ORG) Ali Pasli (PERSON) Islamic (ORG) Adil Katilim Bank (PERSON) OMG Capital Advisors (ORG) Omer Murat Gulkan (PERSON)
Originally published by Bloomberg Markets Read original →