Bank Asya

Turkey's Saving Deposits Insurance Fund (TMSF) has probed more than 1.6 million bank accounts so far over demands from a number public institutions wanting to learn whether any of their employees had an account with Bank Asya, seized by the state over its links with the Gülen movement, which was believed to be the mastermind behind the failed July 15 coup attempt. 

Hasan Sayın, one of the controlling shareholders of Turkish bank Bank Asya who was among 40 businessmen arrested over Gülenist links, has said in testimony that a total of 30 million Turkish Liras he transferred to a school in the United States was intended for the "prosperity" of his daughter and other female students studying there, adding that he had been defrauded by the outlawed Fethullahi

An incumbent Turkish minister recently told the following anecdote, asking not to be named for the sake of the family involved.

Turkey's Galatasaray has decided to cancel its sponsorship deal with Dumankaya Construction, after executives of the company were detained as part of a police crackdown on the alleged financial links of the Fethullah Gülen movement. 

Seven people were arrested April 22 in a probe into the financial links of sympathizers of U.S.-based Islamic scholar Fethullah Gülen, including the managing member of the Dumankaya construction company, Halit Dumankaya. 

Dumankaya and others were sent to court with a demand for their arrest over allegations of funding the Gülen movement. 

Four people were arrested in a probe into the financial links of U.S.-based Islamic scholar Fethullah Gülen sympathizers on April 20 before dozens of other detainees, including board member of a leading construction company, were sent to court with an arrest demand by prosecutors on April 21. 

Four people were arrested in a probe into the financial links of U.S.-based Islamic scholar Fethullah Gülen sympathizers on April 20 before another group of detainees, including board member of a leading construction company, were sent by police to a prosecutors to testify on April 21. 

An Istanbul court sent nine suspects, reportedly former employees of Islamic lender Bank Asya, to court with demands for their arrest on April 20, while it released 18 others in a probe into the financial links of Fethullah Gülen sympathizers.

Some 17 other suspects were also sent to court with demands for legal control. 

Turkish police detained nearly 100 people in an investigation of their alleged financial links to U.S.-based Muslim cleric Fethullah Gülen, a foe of President Tayyip Erdo?an, state-run Anadolu Agency said on April 18. 

Bank Asya, a bank under government control founded by followers of self-exiled Islamic scholar Fethullah Gülen, will be liquidated if a buyer was not found within three months, Turkey's State Deposit Insurance Fund (TMSF) said on March 1, as the seized media companies of the Gülen-linked ?pek Koza group closed.