2 publishers · first seen Fri, 06 Nov 2026 10:38 UTC · updated Fri, 06 Nov 2026 10:59 UTC
A court in Istanbul has ordered the arrest of Fatma Betul Sayan Kaya, a former minister and deputy chair of Turkey's ruling Justice and Development Party, AKP, over her alleged involvement in a major stock market financial fraud. The Istanbul Prosecutor's Office accuses Kaya of being a member of an organized crime group and violating stock market law. Her husband, Ilyas Kaya, and a former chair of the Capital Markets Board, Ibrahim Omer Gonul, were given a travel ban but not arrested. Kaya, who served as family and social policies minister from 2016 to 2018, resigned in September as a deputy chair of President Recep Tayyip Erdogan's ruling AKP after allegations emerged about share transactions by her and her husband. She is accused of illegally profiting through share-price manipulation after she received 2.17 billion Turkish lira (about 38.4 million euros) after reportedly investing 163 million lira (about 2.7 million euros) in an investment fund. The couple deny wrongdoing.
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