Trustee appointed to Kasımpaşa

A trustee has been appointed to Park Teknik Elektrik Madencilik Turizm San. ve Tic. A.Ş., Park Elektrik Üretim Madencilik San. ve Tic. A.Ş., Konya Ilgın Elektrik Üretim San. ve Tic. A.Ş., Park Sigorta Aracılık Hizmetleri A.Ş., Ciner Turizm Ticaret İnşaat Servis Hizmetleri A.Ş., Etz Maden Enerji Petrol San. ve Tic. A.Ş., Söğütözü İthalat İhracat ve Ticaret A.Ş., and Kasımpaşa Sportif Faaliyetler A.Ş., which are affiliated with Park Holding A.Ş., which operates under the Ciner Group umbrella in connection with Can Holding.

ISTANBUL CHIEF PUBLIC PROSECUTOR'S OFFICE ANNOUNCED

The following statement was made by the Istanbul Chief Public Prosecutor's Office:

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, investigations have revealed strong suspicions and findings that there are financial and commercial ties between Can Holding A.Ş. and Park Holding A.Ş., which operates within the Ciner Group, and that the transactions and activities carried out through these ties served to launder proceeds derived from crime. It has been understood that in addition to the companies for which seizure measures were previously applied and for which a trustee appointment decision was made, other companies within both groups are also actively continuing their operations.

Investigations conducted within the scope of the inquiry have reached strong suspicions and findings that Transworld Uluslararası Nakliyat ve Aracılık Hizmetleri Tic. Ltd. Şti., Turktab Karon Tütün Mamulleri Gıda Paz. Tic. A.Ş., Turktab Tobacco Gıda Lojistik ve Paz. A.Ş., Turktab Toptan Tütün Mamulleri Paz. Dağ. A.Ş., Turktab Tütüncülük Gıda ve İçecek San. Tic. Paz. A.Ş., Turktab Gıda Tütün ve Tütün Mamulleri Paz. İth. İhr. Tic. A.Ş., Turktab Global Tobacco Sigara ve Tütün Paz. A.Ş., Kuranlar Petrol Otomotiv İnşaat Gıda San. Tic. Ltd. Şti., European International Tobacco Sigara ve Tütüncülük San. Tic. A.Ş., and Nargıll Tütün Mam. San. Tic. A.Ş., which operate under the Can Holding umbrella, hold large amounts of assets and that these companies serve to launder proceeds derived from crime.

On the other hand, strong suspicions have been reached that the companies named Park Teknik Elektrik Madencilik Turizm San. ve Tic. A.Ş., Park Elektrik Üretim Madencilik San. ve Tic. A.Ş., Konya Ilgın Elektrik Üretim San. ve Tic. A.Ş., Park Sigorta Aracılık Hizmetleri A.Ş., Ciner Turizm Ticaret İnşaat Servis Hizmetleri A.Ş., Etz Maden Enerji Petrol San. ve Tic. A.Ş., Söğütözü İthalat İhracat ve Ticaret A.Ş., and Kasımpaşa Sportif Faaliyetler A.Ş., which operate under the Ciner Group umbrella in connection with Can Holding, were also used within the scope of the criminal organization's activities and that asset movements were carried out through these companies.

Within the scope of the ongoing investigation, it has been understood that there is a strong suspicion that the suspects acted within the scope of organizational activities through companies under Can Holding and Park Holding, which is affiliated with the Ciner Group, to launder proceeds derived from crime. For this reason, in accordance with Articles 133/1 and 133/4.a.7 of the Criminal Procedure Code (CMK) and the amendment made in line with Article 7 of Law No. 7539 published in the Official Gazette on 04/02/2025, and pursuant to provisional Article 2 of Law No. 7145, the Istanbul 5th Criminal Court of Peace decided on 30/09/2025, upon the request of our Chief Public Prosecutor's Office, to appoint the Savings Deposit Insurance Fund (TMSF) as a trustee for the management of the aforementioned companies.

WHAT HAPPENED?

A new development has occurred in the investigation launched into Can Holding. The prosecution procedures for the holding's Chairman of the Board, Kemal Can, who was wanted for charges of establishing a criminal organization, tax evasion, fraud, and money laundering, and who was detained on Thursday evening, have been completed.

KEMAL CAN ARRESTED

The prosecution referred Can to the court with a request for his arrest. Can was arrested by the court he was brought before.

ARREST WARRANT FOR TURGAY CİNER

In a statement made by the Istanbul Chief Public Prosecutor's Office regarding the investigation, it was announced that an arrest warrant has been issued for Turgay Ciner, the former owner of the Show TV Group and the owner and manager of the Ciner Group of Companies.

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;

The statement of the suspect Kemal CAN, who is the founder and manager of the organization, was taken on 28/09/2025, and the suspect was referred to the Criminal Court of Peace on the same day with a request for his arrest for the crimes of establishing and managing an organization for the purpose of committing crimes and concealing the illicit source of asset values, and he was arrested.

In the ongoing investigation; it has been understood that Can Holding A.Ş., of which the suspects are the owners and officials, purchased 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, with a Share Purchase Agreement dated December 22, 2024, and that there are strong suspicions and findings that the said purchase and transfer transactions were aimed at laundering assets derived from crime within the scope of organizational activities.

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."

TRUSTEE APPOINTED

In the continuation of the statement, it was stated that the TMSF was appointed as a trustee to Park Holding A.Ş., which belongs to the CİNER Group owned by Turgay Ciner, and its affiliated companies. The statement included the following expressions:

"Furthermore, regarding the companies named Park Holding A.Ş., which belongs to the CİNER Group of which the suspect Turgay CİNER is the owner and official, and its affiliated companies AFC İthalat İhracat Turizm A.Ş, Zeyfa İthalat İhracat A.Ş, and Silopi Elektrik Üretim A.Ş, the TMSF Presidency has been appointed as the management trustee by the decision of the Istanbul 4th Criminal Court of Peace dated 28/09/2025, in accordance with Articles 133/1 and 133/4-a-7 of the 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 activities and committed the crimes subject to the investigation, and that the acts subject to the crime were carried out in a similar manner in the corporate entities of the companies of which the suspect Turgay CİNER is the owner and official; an operational effort was carried out on 28/09/2025 at Park Holding A.Ş. and its affiliated companies belonging to the CİNER Group, together with the Istanbul Police Department's Anti-Financial Crimes Branch, in order to reveal the material truth and apprehend the suspects, and as of today, simultaneous apprehension, detention, search, and seizure operations are being applied against (10) suspects who are managers of the companies Park Holding A.Ş., Silopi Elektrik Üretim A.Ş, and AFC İthalat A.Ş within the scope of the effort."

CAN HOLDING INVESTIGATION

A detention order had been issued for 10 people in the investigation into Can Holding.

Six people for whom detention orders were issued had been detained previously.

Among the names detained, Kenan Tekdağ was placed under house arrest, while the other five were arrested.

130 COMPANIES SEIZED

Allegations such as money laundering, fraud, issuing fake documents, and tax evasion cover a period of approximately five years.

Within the scope of the investigation, 130 companies, including media organizations such as Habertürk and Show TV, were transferred to the TMSF.

It is alleged that an organization scheme for profit was created with these crimes.

It is claimed that 88 billion liras of unknown origin entered the company accounts.