FETÖ-linked Koza İpek transferred to state body
Seventeen subsidiary companies under Koza İpek Holding have been transferred to the Saving Deposits Insurance Fund (TMSF) in accordance with the Ankara 4th Criminal Court of Peace's investigation into the holding. Previously, trustees had been appointed to the holding on charges of providing financial support to the Gülenist Terror Group (FETÖ). The verdict came at the request of the Ankara Chief Public Prosecutor's Branch of Investigating Crimes Committed against the Constitutional Order. It was cited in the request letter that the investigation of Hamdi Akın İpek and his immediate family was continuing on charges of being a member and manager of FETÖ, as well as financing and propagandizing terrorism.
According to the letter, trustees were appointed to another 22 companies under Koza İpek Holding, which was owned by the suspects. Meanwhile, Bugün Television and Radio Production Inc., Yaşam Television Broadcast Services Inc., Koza Production and Trace Inc., Rektur Advertising, Marketing and Trade Ltd. and İpek Online Information Services Ltd. were nationalized, and other companies are being managed by trustees.
The letter cited Article 19/1 of Law No. 674 that stipulates, "The authorities of trustees who were appointed to the companies on the grounds of their membership, coherence or relation to terrorist organizations before this law took effect will be transferred to the TMSF by a judge or court, and the task of trustees will end in accordance with Article 114 of the Code of Criminal Procedure Law No. 5271." Based on this article, the authorities of trustees working at Koza İpek Holding companies were transferred to the TMSF. Trustees will be in charge until transfer transactions are finalized. Boydak Holding was transferred to the TMSF on Monday, weeks after a Turkish court appointed trustees to the company for its alleged ties to FETÖ, the group that organized the failed July 15 coup. The government has said the defeated coup, which left 240 people dead and nearly 2,200 injured, was organized by the followers of Fethullah Gülen, who has lived in self-imposed exile in the U.S. state of Pennsylvania since 1999, and his FETÖ network.
According to the letter, trustees were appointed to another 22 companies under Koza İpek Holding, which was owned by the suspects. Meanwhile, Bugün Television and Radio Production Inc., Yaşam Television Broadcast Services Inc., Koza Production and Trace Inc., Rektur Advertising, Marketing and Trade Ltd. and İpek Online Information Services Ltd. were nationalized, and other companies are being managed by trustees.
The letter cited Article 19/1 of Law No. 674 that stipulates, "The authorities of trustees who were appointed to the companies on the grounds of their membership, coherence or relation to terrorist organizations before this law took effect will be transferred to the TMSF by a judge or court, and the task of trustees will end in accordance with Article 114 of the Code of Criminal Procedure Law No. 5271." Based on this article, the authorities of trustees working at Koza İpek Holding companies were transferred to the TMSF. Trustees will be in charge until transfer transactions are finalized. Boydak Holding was transferred to the TMSF on Monday, weeks after a Turkish court appointed trustees to the company for its alleged ties to FETÖ, the group that organized the failed July 15 coup. The government has said the defeated coup, which left 240 people dead and nearly 2,200 injured, was organized by the followers of Fethullah Gülen, who has lived in self-imposed exile in the U.S. state of Pennsylvania since 1999, and his FETÖ network.