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Sunday, Sep 27, 2026
1 AK Party Deputy Chair Resigns in First Leadership Hit by Fund Crisis 🌍 World Sep 27, 5:05 AM EDT 5/4
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AK Party Deputy Chair Resigns in First Leadership Hit by Fund Crisis
🌍 World Sep 27, 5:05 AM EDT 5/4
Fatma Betul Sayan Kaya has left her position within Turkey's governing party after opposition members accused her and her husband of conducting improper stock trades. The exit of the deputy chair is the first instance where the nation's widening investment fund crisis has directly displaced a member of the AK Party top leadership.
The resignation follows reports of trading misconduct tied to a broader financial scandal currently affecting Turkish funds. Steve Hanke, a commentator on Turkish economics, noted that the number of illegal activities linked to the turmoil is likely to grow, though he suggested the scale of potential bribery in the country remains larger.