Crackdown or Capital Grab? Turkey’s State Fund Now Controls 1,000 Companies

Analyst Atilla Yeşilada warns: “This looks less like a clean-hands campaign, and more like a systemic reshuffling of private capital.” Turkey’s anti-corruption drive has taken a dramatic turn, as the Savings Deposit Insurance Fund (TMSF) — a state-controlled body — now manages more than 1,000 companies, following a wave of raids and asset seizures that … Continue reading Crackdown or Capital Grab? Turkey’s State Fund Now Controls 1,000 Companies