Arrest warrant issued for Cengiz Avcı: Assets frozen
An arrest warrant has been issued for businessman Cengiz Avcı as part of an investigation into irregular transactions in capital markets.
An arrest warrant has been issued for businessman Cengiz Avcı as part of an investigation conducted by the Istanbul Chief Public Prosecutor's Office into irregular transactions in capital markets.
According to information obtained, the investigation was launched following an examination regarding Avcı, who has numerous buy-sell notifications for shares of Odine Solutions Teknoloji Ticaret ve Sanayi A.Ş. (ODINE).
It was determined that Avcı went abroad following the transactions and is currently outside of Turkey; the arrest warrant was issued at the request of the prosecutor's office.
As part of the investigation, measures were also applied to Avcı's assets. It was stated that actions were taken regarding his bank accounts, movable and immovable properties, and other identified asset values in accordance with the decision.
News Source: 12punto
Most Read
New development in fund investigation: 5 luxury villas seized
Nihat Zeybekci also invested in the fund
30-day deadline for YENİ Party from the Constitutional Court
Salih Tanrıkulu has stepped down from his roles at Borsa İstanbul
18 detained in Antalya prostitution and drug investigation
We looked, we felt sad, we shared, we talked a bit; then we moved on to the next news story
Fatma Betül Sayan Kaya breaks her silence
Will the 'ballot-box monarchy' collapse? What will replace it?
Onur Emrah Yıldız’s AKP post has been closed to comments
What are we going to do about the smell?