Home > News > World
Saturday January 18, 2014 MYT 1:45:01 AM
Saturday January 18, 2014 MYT 1:45:53 AM
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.
The move coincides with heightened political tensions amid a far-reaching corruption scandal that has led to the detention of prominent businessmen as well as sons of former cabinet ministers close to Prime Minister Tayyip Erdogan.
Sarigul will run against Istanbul's incumbent mayor, Kadir Topbas of Erdogan's centre-right AK Party. Polls suggest Topbas, who has run Turkey's largest city and business capital for about a decade, will beat Sarigul, though the race may prove tight.
(Reporting by Asli Kandemir, Writing by Humeyra Pamuk, Editing by Gareth Jones)
Turkey's main opposition party says to challenge Twitter block
Turkey's opposition seeking recount of Ankara poll results
Turkey purges regulators, state TV in graft probe backlash
Main Turk opposition loses bid for election recount in Ankara
Canada vows tougher laws as citizens worry in face of attacks
U.S. general says he believes North Korea can build nuclear warhead
Brazil presidential campaign ends in slugfest over corruption
Oscar de la Renta: The All-American fashion legend
Vienna inaugurates monument to World War Two deserters
China's top graft-buster says fight will never end
PGA president fired for 'insensitive' remarks
Caribbean’s fortress of attraction in St Kitts
221 honoured for sacrifice and service
Copyright © 1995-2014 Star Publications (M) Bhd (Co No 10894-D)