Can Holding high executives detained, TV stations together with Haberturk and Bloomberg HT positioned underneath third occasion trustee.
Printed On 11 Sep 2025
Prosecutors in Turkiye have seized management of a 121-company conglomerate, which incorporates three main tv stations, and ordered the arrest of 10 of its executives on fraud fees, in accordance with media experiences.
The arrest order on Thursday focused administration at Can Holding, which is thought for its vitality and training belongings, and which final 12 months acquired outstanding TV channels together with Haberturk, Present TV and Bloomberg HT, an affiliate of Bloomberg Information.
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In an announcement printed in Turkish media, prosecutors within the Istanbul district of Kucukcekmece stated that they had uncovered proof that “an organisation was established to commit crimes by corporations working underneath Can Holding … together with fraud, tax evasion … and cash laundering”.
It ordered the arrest of 10 folks, together with Can Holding’s homeowners, and positioned the belongings of its 121 corporations underneath the cost of a 3rd occasion, the TMSF (Financial savings Deposit Insurance coverage Fund of Turkiye).
Bloomberg HT is the primary Turkish-language channel centered on enterprise and the economic system.
In early morning raids, police detained Can’s three high executives, Mehmet Sakir Can, Kemal Can, and Kenan Tekdag, the personal NTV channel stated.
Tekdag is head of Ciner Media Group, which was acquired by the conglomerate in December, with Can saying he could be answerable for all of its media holdings.
Al Jazeera’s Sinem Koseoglu, reporting from Istanbul, stated {that a} personal college underneath the Can Holdings was additionally amongst these seized by prosecutors.
Our correspondent quoted the TMSF as saying that there will probably be “no disruption” within the corporations, and that the channels and the academic establishments being taken over will proceed to function.
“Since there are media corporations included, individuals are interested by what’s going to occur, and the way these media shops are going to be working,” she stated.
The transfer comes as the federal government has tightened its grip over the media, drawing a warning from watchdog Reporters With out Borders (RSF).
“The operation concentrating on Can Holding, the proprietor of Haberturk & BloombergHT, could have its personal justifications. The corruption within the sector is plain,” RSF’s Turkiye consultant Erol Onderoglu stated.
“Nonetheless, the method may serve an atmosphere the place management over media possession is additional tightened with the intention of building a single voice.”
Can Holding additionally has shares within the development group, Tekfen Holding.
In an announcement to the inventory change, Tekfen Holding stated entities linked to Can Holding maintain a mixed 17.56 % stake in Tekfen. It stated no judicial motion had been taken in opposition to these shares or Tekfen’s company entity.
