Turkish Court Jails Former Minister in Fund Probe
A Turkish court has jailed former minister Fatma Betul Sayan Kaya in an investigation into a major fund crisis and stock market selloff. Prosecutors accuse her of violating capital markets law and utilizing undisclosed information for share transactions.
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A Turkey court jailed former minister Fatma Betul Sayan Kaya early Friday in an escalating investigation into the country's fund crisis. The arrest follows allegations that Kaya profited 2.17 billion liras ($43.27M) on share trades before a major market selloff.
