Turkey is discussing this event: Here are 2 striking details regarding the operation related to Can Holding.

Turkey is discussing this event: Here are 2 striking details regarding the operation related to Can Holding.

11.09.2025 11:40

In the investigation against Can Holding, 121 companies were seized and a trustee was appointed by the Savings Deposit Insurance Fund (TMSF), while two notable details emerged from the operation. While major operations in Istanbul are usually led by the Istanbul Chief Public Prosecutor's Office, this time the process was carried out by the Küçükçekmece Chief Public Prosecutor's Office. Additionally, it was noteworthy that the gendarmerie, rather than the police, was involved in the operation.

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A historic operation was carried out as part of the investigation into Can Holding in Istanbul. A total of 121 companies were seized on charges of "establishing a criminal organization," "tax evasion," "fraud," and "money laundering," and the Savings Deposit Insurance Fund (TMSF) was appointed as the trustee. A detention order was issued for 10 individuals.

ACTION TAKEN AFTER MASAK REPORTS

The investigation conducted by the Chief Public Prosecutor's Office of Küçükçekmece was initiated based on MASAK reports and financial audit reports. The prosecutor's office claimed that undisclosed funds were funneled into the system through companies under Can Holding, tax liabilities were reduced with fake documents, and that criminal proceeds were laundered by directing investments into various sectors. It was stated that the organization, allegedly operating under the leadership of Kemal Can and Mehmet Şakir Can, aimed to gain economic power and establish legitimacy in the public eye by establishing companies in critical sectors such as education, media, finance, and energy, as well as conducting share transfers.

Turkey is talking about this event: Here are 2 striking details regarding the operation against Can Holding

121 COMPANIES SEIZED, TMSF APPOINTED AS TRUSTEE

As part of the operation, the assets of a total of 121 companies, including Habertürk, Show TV, and Bloomberg HT, were seized. While TMSF was appointed as the trustee, a detention order was issued for 10 suspects.

Turkey is talking about this event: Here are 2 striking details regarding the operation against Can Holding

STATEMENT FROM YÖK AND TMSF

One of the topics that raised public curiosity after the operation was the status of Istanbul Bilgi University. YÖK stated in its announcement:

  • That educational activities at the university will continue uninterrupted,
  • And that there is no cause for concern for faculty members, administrative staff, and students.

TMSF also stated in its announcement, "The primary aim is to protect the rights of company employees and third parties and to ensure that operations continue without interruption." It was emphasized that educational institutions would be managed with a sense of public responsibility and that there would be no disruption in students' education.

NOTABLE DETAILS OF THE OPERATION

  • While major operations in Istanbul are usually led by the Istanbul Chief Public Prosecutor's Office, this time the process was carried out by the Chief Public Prosecutor's Office of Küçükçekmece.
  • It was noteworthy that the gendarmerie, rather than the police, was involved in the operation.
  • The first channel to report the news was TYT Türk, owned by former MHP Member of Parliament Arzu Erdem.


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