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Turkey arrests ex-minister as part of a widening fund manipulation scandal
Compiled Nov 6

What happened
Fatma Betul Sayan Kaya, a former minister and deputy chair of Erdogan's ruling party, was arrested over alleged share-price manipulation involving investment funds.
The detail
Kaya resigned as deputy chair of the Justice and Development Party in September after allegations she sold shares before regulators liquidated the funds.
The detail
She served as family and social affairs minister from 2016 to 2018.
The detail
She was taken into custody late Thursday pending possible trial on charges of criminal organization membership and violating Turkey's Capital Markets Law.
How it unfolded
2016 to 2018: Kaya served as Turkey's family and social affairs minister. · September: Kaya resigned as deputy chair of the ruling AKP after manipulation allegations emerged. · late Thursday: Kaya was taken into custody pending possible trial. · this week: Justice Minister Akin Gurlek said over 430 people are under investigation, with 112 arrested.
By the numbers
2.17 billion liras ($43 million) alleged profit received · 163 million liras ($3 million) alleged initial investment · 430+ people under investigation · 112 people arrested · 2016 to 2018 years as minister
Still unresolved
Whether Kaya will actually face trial is described only as 'pending a possible trial.'

