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الكتائب اللبنانية
Ex-Turkish minister steps down over fund scandal
A former Turkish minister and Deputy Secretary-General of the Justice and Development Party announced her resignation amid a major crisis related to investment funds in Turkey. The resignation came after the revelation of an investment scandal that led to the liquidation of seven companies comprising 131 funds with assets exceeding $17 billion, and the number of detainees rising to 51, including former deputies of the Central Bank governor. The crisis has raised concerns about a deterioration in liquidity, affecting over 455,000 investors, amid investigations and the government's relentless efforts to address the violations. Meanwhile, President Erdoğan downplays the severity of the crisis's impact on the Turkish economy.
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