Breaking News... Critical development in Can Holding investigation: Arrest warrant issued for Turgay CİNER

The Istanbul Chief Public Prosecutor's Office has announced that an arrest warrant has been issued for Turgay CİNER, who is stated to be abroad, as part of the Can Holding investigation.

The statement from the Chief Public Prosecutor's Office is as follows:

"Within the scope of the investigation conducted by our Chief Public Prosecutor's Office regarding the officials of “Can Holding” for the crimes of Establishing and Managing an Organization for the Purpose of Committing Crimes, Being a Member of an Established Organization, Laundering Assets Derived from Crime, and Qualified Fraud;

One of the suspects, Kemal CAN, who is an organizer and manager of the organization, had his statement taken on 28/09/2025, and on the same day, the suspect was referred to the Criminal Judgeship of Peace with a request for his arrest on charges of establishing and managing an organization for the purpose of committing crimes and concealing the illicit source of assets, and was subsequently arrested.

In the ongoing investigation;

It has been understood that Can Holding A.Ş., owned and managed by the suspects, acquired the media organizations named CİNER Medya TV Hizmetleri A.Ş, Show Televizyon Yayıncılık A.Ş, Habertürk Gazetecilik A.Ş, HT Spor Televizyon Yayıncılık A.Ş, C Görsel Yayınları A.Ş, Kanal 1 Görsel Televizyon Prodüksiyon A.Ş, CİNER Dijital Yayın Hizmetleri A.Ş, Boğaziçi Radyo ve Televizyon Yayıncılığı A.Ş, and C Yapım Filmcilik Prodüksiyon A.Ş, which are owned by the suspect Turgay CİNER and operate under the CİNER Group umbrella, through a Share Purchase Agreement dated December 22, 2024, and that there are strong suspicions and findings that the said acquisition and transfer transactions were aimed at laundering assets derived from crime within the scope of organizational activity.

For this reason, an arrest warrant was issued on 28/09/2025 for the suspect Turgay CİNER, who has been determined to be currently abroad.

Furthermore, regarding Park Holding A.Ş., which belongs to the CİNER Group owned and managed by the suspect Turgay CİNER, and its affiliated companies AFC İthalat İhracat Turizm A.Ş, Zeyfa İthalat İhracat A.Ş, and Silopi Elektrik Üretim A.Ş, the Savings Deposit Insurance Fund (TMSF) Presidency has been appointed as a trustee by the decision of the Istanbul 4th Criminal Judgeship of Peace dated 28/09/2025, in accordance with Articles 133/1 and 133/4-a-7 of the Criminal Procedure Code (CMK) and Article 7 of Law No. 7539 published in the Official Gazette dated 04/02/2025.

In the current investigation, upon the determination that there is a strong suspicion that the suspects acted within the scope of criminal organization activity to commit the crimes subject to the investigation, and that the acts subject to the crime were carried out in a similar manner within the corporate entities of the companies owned and managed by the suspect Turgay CİNER; in order to reveal the material truth and apprehend the suspects, an operational effort was carried out on 28/09/2025 at Park Holding A.Ş. and its affiliated companies belonging to the CİNER Group, in conjunction with the Istanbul Police Department's Financial Crimes Investigation Branch, and as of today, simultaneous apprehension, detention, search, and seizure procedures are being applied to (10) suspects who are managers of Park Holding A.Ş., Silopi Elektrik Üretim A.Ş., and AFC İthalat A.Ş.

Investigation procedures are continuing meticulously, and further information will be provided regarding developments. Announced to the public. 28/09/2025"