Denying any political motives, Turkey Prime Minister Ahmet Davutoglu says regulators’ action purely based on “technical, fiscal and financial” evaluation, state-run Anadolu Agency reported.
- Appeals process open on Bank Asya seizure: Davutoglu
- Bank Asya went beyond “normal banking” due to ties with “parallel state,” Davutoglu says in reference to supporters of Islamic preacher Fethullah Gulen, accused of plotting to overthrow govt
- NOTE: Turkish regulators on Friday seized remaining shares in Bank Asya, the Islamic lender taken over by authorities amid a political dispute
- NOTE: Turkish Bank Watchdog Seizes Remaining Shares of Bank Asya
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