TR Industry, Science and Technology

[BalkanTurk90]

Gürcan Okumuş was appointed as SAGE manager in 2018 after the attempted FETÖ coup and at the height of the fight against FETÖ. So, Erdogan appointed a FETÖ member to a key office while claiming he is fighting FETÖ. The reality is ASSAN earns a lot of money, and some really strong people want a piece of that pie, and ASSAN doesn't want to share. Now they forcefully took the whole pie. ASSAN will probably come under the control of Varlık Fonu (Turkish Wealth Fund). That is why no one wants to invest in Turkiye. Erdogan can just seize your company overnight.

So ? Didnt whole 'democratic' EU & US seize all russian companies that had 0 connection with putin or with war !
İf goverment seize Assan , there is a resson and we will know it sooner pr later ...

 

[TheInsider]

So ? Didnt whole 'democratic' EU & US seize all russian companies that had 0 connection with putin or with war !
İf goverment seize Assan , there is a resson and we will know it sooner pr later ...

You are comparing apples with oranges. If Turkiye had seized assets of the UAE after the coup, i would have completely supported the move. This is not the same thing. Whether you like it or not, Russia declared war and invaded Ukraine. It is totally ok to seize Russian assets even assets not directly related to Russian war on Ukraine.

 

[Lool]

ASSAN will probably come under the control of Varlık Fonu (Turkish Wealth Fund).

The real question here is....
If Assan is appointed to be under the Turkish Wealth Fund, then will they continue to operate as they did previously or not and will Gurcan Okumus continue operating in the company or will they jail him

 

[TheInsider]

The real question here is....
If Assan is appointed to be under the Turkish Wealth Fund, then will they continue to operate as they did previously or not and will Gurcan Okumus continue operating in the company or will they jail him

He will be tried in custody and will be released when the situation calms down. He might get a minor sentence. Gürcan is not important here; Assan is. He might also be offered under-the-table deals. Contracts that Assan signed and money earned will automatically be transferred to the wealth fund. The president of the wealth fund is Erdogan himself, and he has unlimited power to use the money of the wealth fund as he likes. Further investments by ASSAN will likely be halted.

 

[Lool]

He will be tried in custody and will be released when the situation calms down. He might get a minor sentence. Gürcan is not important here; Assan is. He might also be offered under-the-table deals. Contracts that Assan signed and money earned will automatically be transferred to the wealth fund. The president of the wealth fund is Erdogan himself, and he has unlimited power to use the money of the wealth fund as he likes. Further investments by ASSAN will likely be halted.

This is just my thought but if the company will end up under the govt's hands anyway then why dont the govt let Assan continue functioning under Gurcan's guidance and let it grow as a govt-controlled company which will also help in keeping MKE stimulated so that they dont become lazy again

 

[TheInsider]

This is just my thought but if the company will end up under the govt's hands anyway then why dont the govt let Assan continue functioning under Gurcan's guidance and let it grow as a govt-controlled company which will also help in keeping MKE stimulated so that they dont become lazy again

They don't think like that. It can happen if another group of people inside AKP become more influential.