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)
Crash pilot was psychiatric patient, planned big gesture - paper
In the name of religion
Death threats made to BBC chief after Clarkson axe
Nestlé rewards consumers with biggest promotion ever
The great South Australian adventure
Living away from Malaysia can trigger a lot of different longings
Travel Share: Kerala’s other charms
Facebook talks up need for virtual reality, big tech bets
4 recipes for dinner by the bowlful
Copyright © 1995-2015 Star Publications (M) Bhd (Co No 10894-D)