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Türkiye on Thursday, 8 October 2026

Today's summary

Thursday, 8 October, Türkiye's Agenda: Collapsed Building in Maltepe, Fund Payments and Cemil Tugay's Move to AK Party

Two people died in the collapsed seven-storey building in Istanbul's Maltepe district, while 11 people, including three children, were rescued injured from the rubble. Istanbul Governor Davut Gül said efforts were under way to reach three people still trapped under the rubble.

Two people died in the collapsed seven-storey building in Istanbul's Maltepe district, while 11 people, including three children, were rescued injured from the rubble. Istanbul Governor Davut Gül said efforts were under way to reach three people still trapped under the rubble.Anadolu AjansıAnadolu AjansıTRT HaberTRT HaberA HaberA HaberANKA Haber AjansıANKA Haber AjansıBirGünBirGünAl Jazeera EnglishAl Jazeera English+38

Vice President Cevdet Yılmaz said the payment process had begun for 43,643 investors in 17 funds. Yılmaz said İş Bankası and Ziraat Bankası had been appointed to manage 131 funds in liquidation.Anadolu AjansıAnadolu AjansıTRT HaberTRT HaberCNN TürkCNN TürkANKA Haber AjansıANKA Haber AjansıBirGünBirGünEuronews TürkçeEuronews Türkçe+30

İzmir Metropolitan Municipality Mayor Cemil Tugay joined the AK Party, with President Recep Tayyip Erdoğan pinning on his badge. In İzmir, tension broke out between police and groups protesting his move.A HaberA HaberHaber7Haber7ANKA Haber AjansıANKA Haber AjansıBianetBianetBirGünBirGünEuronews TürkçeEuronews Türkçe+17

Fenerbahçe lost to Panathinaikos AKTOR Athens 74–92 in the EuroLeague.

3 updates

Added

  • Two people died in the collapsed seven-storey building in Istanbul's Maltepe district, while 11 people, including three children, were rescued injured from the rubble. Istanbul Governor Davut Gül said efforts were under way to reach three people still trapped under the rubble.
  • Vice President Cevdet Yılmaz said the payment process had begun for 43,643 investors in 17 funds. Yılmaz said İş Bankası and Ziraat Bankası had been appointed to manage 131 funds in liquidation.
  • A person died and 10 people, three of them children, were rescued injured from the rubble of a seven-story building that collapsed in Istanbul's Maltepe district. The governor's office said search and rescue efforts continued for three people still trapped under the rubble.
  • İzmir Metropolitan Mayor Cemil Tugay joined the AK Party, with President Recep Tayyip Erdoğan pinning his badge. Tension arose between police and groups protesting his move in İzmir.

Removed

  • A person died and 10 people, three of them children, were rescued injured from the rubble of a seven-story building that collapsed in Istanbul's Maltepe district. The governor's office said search and rescue efforts continued for three people still trapped under the rubble.
  • Vice President Cevdet Yılmaz announced in the Turkish Grand National Assembly (TBMM) General Assembly that payments from 17 funds would begin tomorrow. Yılmaz said the payments would cover 43,643 investors.
  • 17 suspects were detained in an investigation targeting Esenyurt Municipality in Istanbul. 11 people were detained in an operation targeting Çeşme Municipality in Izmir.
  • The Turkish-owned Alfa Watan ship sank in the Black Sea after being attacked by uncrewed air and sea vehicles. Bulgarian Prime Minister Rumen Radev announced that all 10 crew members had lost their lives.

28 detained in probes into Esenyurt and Cesme municipalities

Seventeen people were detained in a probe into Esenyurt Municipality and 11 in a probe into Cesme Municipality. Those detained in Esenyurt include deputy mayors Yusuf Ulutaş and Ümit Ünal.

Politics

Payouts start in 17 funds, completed in three funds

The payout process for 43,643 investors in 17 funds of A1 Capital, Bulls and Pardus began today. Bulls Portföy announced that about 1.22 billion lira had been paid to 5,142 investors in three funds whose liquidation was completed.

Economy

Berna Laçin released by court order

Actor Berna Laçin was released by the court to which she had been referred with a request for arrest in the probe over her social media post about Izmir.

National

Politics 14

Göktaş rejects fund claims, says she will start legal action

Family and Social Services Minister Mahinur Özdemir Göktaş rejected the claim that her father made a fund transaction. She said she would start legal proceedings against those who raised and spread the claims, and would resign if the claim is proven.

Politics

Turkish Justice Ministry denies Özel's leak claim as 'baseless slander'

The Turkish Justice Ministry denied YENİ Party leader Özgür Özel's claim that information was leaked by the ministry in the fund investigation, calling it baseless slander.

Politics

Fatma Betül Sayan Kaya's AK Party membership ended

The AK Party said former Family and Social Policies Minister Fatma Betül Sayan Kaya, named in the fund investigation, is no longer a party member. Kaya gave a statement as a suspect today with her husband.

Politics

Bolat denies claim he closed fund account

Turkish Trade Minister Ömer Bolat rejected claims he closed his fund account before an investigation. Bolat said the account is open and he made no trades before or after the investigation.

Politics

Cemil Tugay joins AK Party, protests held in Izmir

Izmir Metropolitan Municipality Mayor Cemil Tugay joined the AK Party; President Recep Tayyip Erdoğan pinned on his badge. After protests in Izmir, it was reported that the AK Party does not hold a majority in the municipal council.

Politics

AK Party and DEM Party delegations meet in Turkish parliament

AK Party Deputy Chair Efkan Ala, Group Chair Abdullah Güler and Party Spokesperson Ömer Çelik met with DEM Party İmralı Delegation members Pervin Buldan and Mithat Sancar. The talks covered the Terror-Free Türkiye efforts and the Monitoring Commission to be set up in the Turkish Grand National Assembly (TBMM).

Politics

11,312 cartridges seized in Yahşihan Municipality probe

In the Kırıkkale Chief Public Prosecutor's Office's corruption investigation into Yahşihan Municipality, 9 people were detained, including Deputy Mayor Aydın Demirdirek. An unlicensed pistol and 11,312 cartridges were seized at a deputy mayor's home.

Politics

Yasin Çağatay Seçkin gives defence in İBB trial

Istanbul 33rd High Criminal Court heard defences on the 95th day of the İBB trial, in which 436 defendants, 53 of them in detention, are being tried. The court moved to the defence of former Istanbul Metropolitan Municipality (İBB) bureaucrat Yasin Çağatay Seçkin.

6
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Evrensel and Yeniçağ +3: Cumhuriyet, Evrensel and Yeniçağ

Politics

Economy 13

İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe

Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.

Economy

Prosecutors warn on 'fund probe': legal action over false posts

The Istanbul Chief Public Prosecutor's Office announced that ex officio legal proceedings will be opened against those sharing false social media posts about the "Fund Investigation."

Economy

YENİ Party's Ümit Özlale names two ministers in fund crisis

YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.

3
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Şimşek: Defence budget to rise 229% in 2027

Treasury and Finance Minister Mehmet Şimşek said defence spending would be increased by 229% in the 2027 budget.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

TKİ buys Soma B power plant, plant back in state hands after 12 years

Turkish Coal Enterprises (TKİ) bought Konya Şeker's Soma B Thermal Power Plant, put up for sale through enforcement, with a bid of 6.946 billion lira (TL) excluding VAT. The plant thus returned to state ownership after 12 years.

4
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

New powers for brokers at TÜRİB, transaction scope widened

The Turkish Trade Ministry and the Capital Markets Board (SPK) amended two regulations on the operation of TÜRİB and the activities of intermediary institutions; the scope of products and contracts that can be traded on the exchange was expanded.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

Capital Markets Board approves debt issuances by 4 companies

The Capital Markets Board (SPK) approved debt instrument issuance applications by Akbank, İş Faktoring, Koç Stellantis Finansman and QNB Bank. Akbank's issuance totals 130 billion lira (TL) and $4 billion.

2
Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign

Economy

National 18

İhsan Ayrancı dies after gunshot injury in Afyonkarahisar

Afyonkarahisar Deputy Governor and Provincial Special Administration Secretary General İhsan Ayrancı died in hospital after being wounded by a gun.

National

2 killed in collapsed building in Maltepe, 3 people being sought

Istanbul Governor Davut Gül said 2 people died in the collapsed 7-storey building in Maltepe and work was under way to reach 3 people under the rubble. Eleven people, including three children, were rescued from the rubble.

National

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