World Bulletin / News Desk
The parliamentary Coup and Memorandum Investigation Commission has launched an investigation into the financial losses by the state that surrounded the Feb. 28, 1997 unarmed military intervention, analyzing the accounts of politicians and top military and bureaucratic officials at the time.
A coalition government led by a now-defunct conservative party was forced to step down by the military on Feb. 28, 1997. Not only were fatal blows dealt to fundamental rights and freedoms following the coup, but democracy and the rule of law were also suspended. The coup introduced a series of harsh restrictions on religious life. Although the Feb. 28 coup's consequences in social life were apparent, its effects on Turkish finances have gone unexplained for years.
Justice and Development Party (AK Party) Çankırı deputy İdris Şahin, who is the spokesperson for the coup investigation commission in Parliament, told Cihan news agency that the commission has begun to investigate the financial losses caused by the Feb. 28 coup.
“The situation of the banks, the assets of which were transferred to the Banking Regulation and Supervision Agency [BDDK] and the Savings Deposit Insurance Fund [TMSF], is important. Who was on the executive board of those banks back then? How much in assets did these banks cause to be lost by the state? These are the questions we will answer. We will also investigate banks' partnerships and changes in administration between 1991 and 2007. We will investigate the bank loans granted [to people] and whether they were paid back. We will investigate the roles of people in the Feb. 28 process who did not pay back their bank loans. We are not accusing anyone [of anything] at the moment, but bank records will reveal everything,” Şahin said.
He also noted that the commission has requested relevant documents from the National Intelligence Organization (MİT), the Prime Ministry, the Ministry of Defense and the Ministry of Foreign Affairs in addition to the account activities of top military, political and bureaucratic figures at the time from the BDDK and the TMSF.
Turks will go to polls on August 10 to choose their new president. If no candidate receives the required 51 percent of the votes in the first round, a run-off will be held Aug. 24.
The shadowy network gained 5.5 million euros and 2.3 million dollars from illegal border crossing operations in the last four months
An unknown group rescued the journalist who had been held for 10 months by the ISIL rebel group in Syria, before brining them to Turkey.
Izmir municipal mayoral candidate for People's Democratic Party is among those arrested in the western Turkish province.
The trial on the murder of Turkish-Armenian journalist Hrant Dink in 2007 resumed in a different court in Istanbul after the first closed under a new law.
Turkey's Prime Minister asked the Constitutional Court to ensure court rulings that remove social media content due to human rights violations are implemented.
HDP co-chairman Ertugrul Kurkcu said the deputies of both parties will be represented in parliament under the HDP soon.
Ahmet Davutoglu refuted Syrian President's claims that the war is turning in the regime's favor.
Kemerkoy and Yenikoy thermal power plants located in the south western province of Mugla are privatized for $2.6 billion.
Oil from Iraq's Kurdish region will flow to international markets via Turkey.
The Islamic State of Iraq and the Levant (ISIL) has been particularly hostile against Turkey and other opposition groups in Syria.
"I don't have any political plan for the future under today's conditions," Gul told reporters in the western province of Kutahya, when asked about a presidential election in August
Turkey's foreign minister says the country is ready to help in any way it can to resolve the crisis in Ukraine and will support any initiatives.
Earlier this week, Crimean Tatar leader Mustafa Jemilev was for his efforts in defending his people award the Medal of State, the highest award in Turkey, in a ceremony at the Turkish presidential palace in Ankara.
Turkish dailies on Friday are covering President Abdullah Gul telling business leaders to "not get demoralized" over Turkey's political environment, remarks by the country's transport minister over the possible pixelation of "malicious content" on Twitter and the ongoing travails of the embattled chairman of scandal-hit Istanbul football club, Fenerbahce.
Turkey will seek a discount in the price of gas it is buying from Russia during planned talks, Turkey's energy minister said