Turkey seizes assets of opposition party's mayoral candidate


  • World
  • Saturday, 18 Jan 2014

Mustafa Sarigul, one of the two candidates for the leadership of the Turkey's main opposition Republican People's Party (CHP) waves to his supporters at the beginning of his party's 13th extraordinary congress gathered in Ankara, January 29, 2005, where the new leader of the party will be elected. Deniz Baykal, the CHP's leader, is being challenged by Mustafa Sarigul, mayor of a district of Istanbul. REUTERS/Umit Bektas

ISTANBUL (Reuters) - Turkish authorities seized the assets of Mustafa Sarigul, the main opposition party CHP's candidate for Istanbul mayor, an official said on Friday, ahead of a crucial local election due to take place in March.

Turkey's Savings Deposit Insurance Fund (TMSF) seized Sarigul's assets after he and his business partners failed to repay a loan dating back to 1998, the TMSF official said.

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