Turkish authorities have arrested the head of Borsa Istanbul in a probe into investment fund irregularities, Bloomberg reports.
The former chief was taken into custody as part of a widening investigation into financial misconduct, per Turkish Minute.
The detention comes amid growing scrutiny over financial practices at Turkey's main stock exchange, which has seen significant political and economic tensions.
E14 places every story on a stack of fifteen floors, from the fields under everything to the planet acting as one. This one sits on E10, institutions; the pressure it names: financial misconduct. Its words also reach E12 states and E11 organizations.
Here it is a dynamic between institutions, states and organizations: investment fund irregularities, financial misconduct, financial practices and main stock exchange (E10 institutions), with Turkish authorities and political and economic tensions (E12 states), and head of Borsa Istanbul (E11 organizations).
The floor of money and rules. In this briefing: investment fund irregularities, financial misconduct, financial practices, main stock exchange.
The floor of states and force. In this briefing: Turkish authorities, political and economic tensions.
The floor of companies and infrastructure. In this briefing: head of Borsa Istanbul.