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AKP Accepts Resignation of Deputy Chair Over Share Sales

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Story summary
  • AKP accepted deputy chair Fatma Betul Sayan Kaya's resignation after President Recep Tayyip Erdogan approved it.
  • Kaya was accused of selling shares worth about 1.3 billion Turkish lira ($27.5 million) before the Sept. 16 market plunge.
  • New Party spokesperson Zeynel Emre said Kaya bought Ozata Denizcilik shares for 63.4 million lira in April.
  • Istanbul Chief Public Prosecutor’s Office opened investigations into 76 people, focusing on seven investment funds.