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Türkiye on Wednesday, 30 September 2026

Today's summary

Wednesday, 30 September, Türkiye's Agenda: Fund Investigation, Access Block on T24 and Betting Referrals at Turkish Football Federation

Following the meeting chaired by Turkish President Recep Tayyip Erdoğan, a Fund Coordination Board was established and the State Supervisory Board began examining fund transactions. Turkish Justice Minister Akın Gürlek announced that search, seizure and detention orders had been issued for 34 suspects in the investigation.

Following the meeting chaired by Turkish President Recep Tayyip Erdoğan, a Fund Coordination Board was established and the State Supervisory Board began examining fund transactions. Turkish Justice Minister Akın Gürlek announced that search, seizure and detention orders had been issued for 34 suspects in the investigation.Anadolu AjansıAnadolu AjansıTRT HaberTRT HaberA HaberA HaberANKA Haber AjansıANKA Haber AjansıBirGünBirGünBBC TürkçeBBC Türkçe+40

Istanbul 1st Criminal Judgeship of Peace ruled that access to the news site T24's website and social media accounts be blocked, on the allegation that it had produced 118 items of content described as LGBT propaganda in one year.A HaberA HaberDHADHAAgosAgosANKA Haber AjansıANKA Haber AjansıBirGünBirGünBBC TürkçeBBC Türkçe+30

The Turkish Football Federation (TFF) referred 448 people found to have bet on football while on duty to the Professional Football Disciplinary Board (PFDK). TFF Board Member Ural Aküzüm, among those referred, resigned from his post.Anadolu AjansıAnadolu AjansıTRT HaberTRT HaberFotomaçFotomaçAjanssporAjanssporBirGünBirGünBBC TürkçeBBC Türkçe+22

Bahçeşehir Koleji beat Roma Basketball 91–78 in the EuroCup. Beşiktaş beat Maccabi Rapyd Tel Aviv 109–93 in the EuroLeague. Türk Telekom lost to La Laguna Tenerife 75–82 in the EuroCup.

5 updates

Added

  • The Turkish Football Federation (TFF) referred 448 people found to have bet on football while on duty to the Professional Football Disciplinary Board (PFDK). TFF Board Member Ural Aküzüm, among those referred, resigned from his post.
  • Istanbul 1st Criminal Court of Peace ruled to block access to news site T24's internet and social media accounts on the claim that 118 pieces of content of an LGBT propaganda nature were produced in a year.
  • Following the meeting chaired by President Recep Tayyip Erdoğan, the Fund Coordination Board was established, and the State Supervisory Board began examining the fund's transactions. Justice Minister Akın Gürlek announced that search, seizure, and detention orders had been issued for 34 suspects in the investigation.
  • According to Turkish Statistical Institute (TÜİK) data, the foreign trade deficit reached approximately $5.2 billion in August, a year-on-year increase of 22.3%, and about $65.8 billion in the first eight months of the year. In August, the unemployment rate fell to 7.8%, while the underemployment rate rose to 31%.
  • The Constitutional Court's annulment decision removing the phrase "indefinitely" from the poverty alimony provision in the Turkish Civil Code was published in the Official Gazette. It was announced that the decision will take effect on June 30, 2027.

Removed

  • The Turkish Constitutional Court's annulment decision removing the phrase "indefinitely" from the poverty alimony provision in the Turkish Civil Code was published in the Official Gazette. The decision was reported to take effect on 30 June 2027.
  • According to Turkish Statistical Institute (TÜİK) data, the foreign trade deficit rose 22.3% year-on-year in August to about $5.2 billion, reaching about $65.8 billion in the first eight months of the year. In August, the unemployment rate fell to 7.8% while the broad labour underutilisation rate rose to 31%.
  • Following the meeting chaired by President Recep Tayyip Erdoğan, a Fund Coordination Board was set up for investor payments, and the State Supervisory Council began examining fund transactions. In the same investigation, freezing of all assets of Fatma Betül Sayan Kaya and her husband was requested, and arrest warrants were issued for singer Mustafa Sandal's wife and her father.
  • Istanbul 25th High Criminal Court ruled that Ekrem Imamoglu and three other defendants remain in detention in the 'espionage' case. The hearing was postponed to 23 December.
  • Saudi Arabia's Council of Ministers approved a visa exemption agreement with Türkiye for diplomatic and special passport holders. The meeting was chaired by Crown Prince Mohammed bin Salman.

Fund Coordination Board set up in fund probe

After the meeting chaired by President Recep Tayyip Erdoğan, a Fund Coordination Board led by the Vice President was set up for investor payments from liquidated funds. The State Supervisory Council also launched a review of investment fund transactions.

Economy

Freeze sought for Fatma Betül Sayan Kaya assets

The Istanbul Chief Public Prosecutor's Office said it had written to the relevant institutions to freeze all assets of Fatma Betül Sayan Kaya and her husband İlyas Kaya in the fund investigation.

Economy

Saudi Arabia approves visa waiver deal with Türkiye

The Saudi Council of Ministers, meeting under Crown Prince Mohammed bin Salman, approved the visa waiver agreement with Türkiye for holders of diplomatic and special passports.

Foreign Affairs

Arrest warrants issued for Melis Sütşurup Sandal and father

Arrest warrants were issued for singer Mustafa Sandal's wife Melis Sütşurup Sandal and her father Cihan Sütşurup in the fund investigation, and their assets were seized.

Economy

Politics 11

147 more X accounts blocked over fund crisis posts

The Freedom of Expression Association announced that at least 147 X accounts sharing posts about the investment fund crisis were blocked from access today. Previously, 194 accounts had been blocked on 24 September.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Politics

Turkish court blocks access to T24 over 118 items

The Istanbul 1st Criminal Judgeship of Peace ordered access to the T24 news site's website and social media accounts to be blocked. The ruling cited the allegation that the site produced 118 items of LGBT propaganda in one year.

Politics

CHP expels three district mayors, refers two others for discipline

CHP decided to definitively expel the mayors of Kadıköy, Sancaktepe and Sarıyer. CHP spokesperson Müslim Sarı announced that the mayors of Konyaaltı and Alanya had also been referred for discipline with a request for definitive expulsion.

Politics

Doğan Bekin resigns as New Welfare Party deputy chair

New Welfare Party Istanbul deputy Doğan Bekin resigned as deputy chairman and central executive board member. Bekin said his resignation came at the request of Chairman Fatih Erbakan.

Politics

Dilan Polat released under judicial supervision

Social media personality Dilan Polat, detained on a charge of "insulting the president," was released with an overseas travel ban and a requirement to sign in once a week.

Politics

CHP group will not stand up for Erdoğan in Turkish parliament

The CHP central executive board decided not to greet President Recep Tayyip Erdoğan standing at tomorrow's special session of the Turkish Grand National Assembly (TBMM). Leader Kemal Kılıçdaroğlu will attend the session and the reception.

3
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Politics

Turkish security council says steps toward terror-free Türkiye assessed

In a statement after its meeting, the Turkish National Security Council said steps taken toward a terror-free Türkiye and a terror-free region were assessed and efforts would continue with determination.

Politics

Economy 29

Singer Nil Özalp detained in capital markets probe

Singer Nil Özalp was detained in the Istanbul Chief Public Prosecutor's Office investigation into capital market transactions.

Economy

Asset freeze on Mustafa Yazıcı lifted in fund investigation

According to soL Haber, in the fund investigation the asset freeze was lifted for five people including Adil Varlık Yönetim Deputy Board Chair Mustafa Yazıcı.

Economy

Five companies placed under TMSF control in fund probe

Banking regulator BDDK decided to transfer the management of Tera, Destek and Hedef investment banks and Destek and Tera Finans factoring firms to the Savings Deposit Insurance Fund (TMSF) as part of the fund probe.

Economy

Salih Tanrıkulu leaves Borsa Istanbul posts

As a review of developments in investment funds was launched on President Recep Tayyip Erdoğan's instructions, State Supervisory Council (DDK) President Salih Tanrıkulu left his deputy chairmanship and board membership at Borsa Istanbul (BIST).

8
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+4: Halk TV, Evrensel, Nefes and Sözcü +5: Yeniçağ, Halk TV, Evrensel, Nefes and Sözcü

Economy

Arrest sought for 3 suspects in fund investigation

Of the 6 suspects referred to the courthouse in the Istanbul Chief Public Prosecutor's Office fund investigation, 3 were referred to court with a request for arrest and 1 with a request for judicial control. Proceedings for the other 2 suspects are ongoing.

Economy

Feridun Geçgel's passport seized in fund investigation

Astor Enerji owner Feridun Geçgel's passport was seized as part of the fund investigation by the Istanbul Chief Public Prosecutor's Office. He was found to face an international travel ban while returning from the US, and his passport was seized at the port.

Economy

Nihat Zeybekci confirmed four partner companies invested in TP2 fund

AK Party Deputy Chairman Nihat Zeybekci confirmed that four companies he partners invested in the TP2 fund and said, "We are among the 455,000 victims."

Economy

Former Capital Markets Board chair questioned as suspect

Former Capital Markets Board (SPK) Chairman İbrahim Ömer Gönül gave a statement as a suspect in the fund investigation led by the Istanbul Chief Public Prosecutor's Office and left the courthouse. Six suspects in custody were referred to the courthouse.

Economy

Foreign trade deficit reached $65.8 billion in first eight months

According to Turkish Statistical Institute (TÜİK) data, the foreign trade deficit rose 22.3% year-on-year in August to about $5.2 billion. The deficit in the first eight months of the year reached about $65.8 billion.

Economy

Unemployment fell to 7.8% in August, idle labour rose to 31%

According to August data from the Turkish Statistical Institute (TÜİK), the unemployment rate fell 0.3 points to 7.8%, while the idle labour rate rose 0.4 points to 31%. The number of employed people rose by 136,000.

Economy

Turkish trade union confederation Türk-İş puts September hunger line at 37,801 lira

The trade union confederation Türk-İş's September survey put a family of four's monthly food spending at 37,801 lira and total essential expenses at 123,130 lira.

Economy

Minister Kacır offers up to 1 billion lira for manufacturers

Industry and Technology Minister Mehmet Fatih Kacır announced a new scheme for manufacturing investments. Loans of up to 1 billion lira can be granted under the YTAK Program with a budget of 750 billion lira.

6
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Turkish Court of Cassation: Worker denied advance leave pay can claim severance

The Turkish Court of Cassation (Yargıtay) ruled that a worker who did not receive annual leave pay in advance when taking leave may rightfully terminate the employment contract and qualify for severance pay.

Economy

Turkish Court of Cassation issues precedent on non-reinstatement pay

The Turkish Court of Cassation (Yargıtay) resolved the dispute over whether a worker's earlier service at the same workplace counts in the compensation paid by an employer who fails to reinstate the worker after a reinstatement order.

1
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Işıkhan targets unemployment rate of 7.6% in 2029

Labour and Social Security Minister Vedat Işıkhan said they target about 2.1 million additional jobs in the 2027-2029 period and aim to cut the unemployment rate to 7.6% in 2029.

4
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Soma B thermal plant owned by Konya Şeker files for bankruptcy

Soma Termik Santral Yatırımları A.Ş., part of Konya Şeker, said it could not pay its debts and filed for bankruptcy at the Konya Commercial Court of First Instance. The company's coal debt to the state exceeded 20 billion lira.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

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