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One of Turkey's largest gold refineries, Nadir Metal Refinery Inc., experienced an earthquake. The company's CEO and the Chairman of the Jewelry Exporters Association, Burak Yakın, was summoned for questioning as part of an investigation into smuggled precious metals. Yakın provided his statement at the Organized Crime Department upon the instruction of the Istanbul Chief Public Prosecutor's Office.
INVESTIGATION INTO SMUGGLED PRECIOUS METALS
As part of the investigation, a series of irregularities regarding precious metals brought into the country through illegal means have been examined. Due to the company's critical position in the sector, Yakın's summons for questioning attracted attention.
COMPANY STATEMENT: ONLY CONSULTED FOR INFORMATION
In a written statement regarding the matter, the company stated that Yakın was only consulted for information as part of the investigation. The statement included the following remarks: "The Istanbul Police Department has consulted Mr. Burak Yakın, the owner and CEO of Saygın Precious Metals, within the framework of an ongoing investigation. As the investigation is still ongoing, we kindly request that the public does not give credence to unfounded and unverified claims circulating in the public domain. We would like to state that we will provide a healthy explanation to the public if the investigative authorities provide us with information, and we extend our respects."
ONE OF TURKEY'S TOP 50 COMPANIES
Nadir Metal is one of the leading organizations in Turkey's gold sector. With a turnover of 21 billion TL, the company ranks among the top 50 in the "Turkey's Top 500 Industrial Enterprises" list prepared by the Istanbul Chamber of Industry.
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