HSBC Turkey Chief Denied Insulting Erdogan, Probe Documents Show

The head of HSBC Holding Plc’s Turkish unit denied insulting President Recep Tayyip Erdogan on social media during nationwide protests against the government in 2013, according to an official document showing his testimony to police officers in September.

HSBC Turkey Chief Executive Officer Selim Kervanci is being investigated by the prosecutor’s office over a video he retweeted during the so-called Gezi protests five years ago, according to documents seen by Bloomberg. He is one of the highest-profile executives targeted in the government’s crackdown on dissent, and news of the investigation first emerged in the Cumhuriyet newspaper on Monday.