Trustees appointed to 14 companies with ‘organic links’ to ‘Gülen-linked’ Kaynak Holding

ISTANBUL

AA photo

Trustees have been appointed to 14 additional companies with “organic links” to Kaynak Holding, nearly five months after caretakers forcibly took over companies belonging to the holding for alleged ties with U.S.-based scholar Fethullah Gülen, a former government ally now considered the head of the “Fethullahist Terror Organization” (FETÖ).

Trustees were appointed to 12 Istanbul-based companies, one in the northwestern province of Bursa and one in the Central Anatolian province of Kırıkkale in line with a decision by the Anatolia 9th Penal Court of Peace, as reported by Anadolu Agency. 

Following the decision, the financial police conducted a search on the Işık Media Group’s building, the parent company of the Samanyolu TV channel and website on April 12. 

The number of companies with “organic links” with Kaynak Holding that allegedly offered financial support to the “FETÖ/Parallel State Structure (PDY)” led by Gülen, has totaled 72 in the scope of the ongoing investigation, according to Anadolu Agency. 

A total of seven administrative caretakers have already been appointed to 58 companies, a foundation and an association of Kaynak Holding. The same trustees will also serve at the additional 14 companies.