Koza

Turkey's benchmark index advanced by 0.25 percent to stand at 100,440.39 points at the close of June 30, marking a 0.80-percent rise compared with last week.      

Borsa Istanbul's BIST 100 index posted its highest "week close" with a 250.08-point increase, while the total trading volume was 4.1 billion Turkish Liras (approximately $1.16 billion).      

A former Justice and Development Party (AKP) deputy was detained early on Dec. 11 in Istanbul as a part of a fresh wave of operations targeting the alleged "parallel state" of sympathizers of U.S.-based Islamic scholar Fethullah Gülen.

More than 50 employees of several opposition media outlets that were recently placed under the management of a trustee panel have been relieved of their duties, daily Hürriyet has reported.

Turkish President Recep Tayyip Erdo?an has seemingly justified the appointment of a trustee board to manage the Koza-?pek group, 23 companies of which have been seized by a local court as part of a crackdown on followers of the government's ally-turned-nemesis Fethullah Gülen.

It has been decided a trustee panel will be appointed to replace the current board of directors of Koza ?pek, a corporation linked to the government's ally-turned-nemesis, U.S.-based Islamic scholar Fethullah Gülen, upon the request of the Ankara Chief Public Prosecutor's Office, state-run Anadolu Agency reported on Oct. 26.

Ankara Eighth Criminal Court of Peace has issued an arrest warrant in absentia for Ak?n ?pek, the chairman of Koza ?pek, a company with links to the Justice and Development Party?s (AKP) ally-turned-foe Fethullah Gülen.