The Aporia
The Aporia
On September 27, Fatma Betul Sayan Kaya, the deputy chair of Turkey's ruling AK Party and former family minister from 2016 to 2018, resigned after an opposition politician alleged that she and her husband made a significant profit on shares. The main opposition Yeni Party spokesman Zeynel Emre claimed at a press conference that Kaya and her husband invested approximately 163 million lira ($3.3 million) in April, primarily in Ozata Denizcilik shipbuilder stocks, which later were sold for about 2.17 billion lira ($44 million) before the stock market crisis hit on September 15. This allegation followed a significant surge and subsequent fall of Ozata Denizcilik's share price from around 220 lira to 4,980 lira and then down sharply amid suspected manipulation. The AK Party accepted Kaya’s resignation, allowing for an investigation into the allegations.
