Turkey’s stock exchange operator Borsa Istanbul has seen its chief executive, Korkmaz Enes Ergun, detained as part of an investigation into alleged market manipulation. The Istanbul Chief Public Prosecutor’s Office announced the move.
The Istanbul Chief Public Prosecutor’s Office said the detention of Borsa Istanbul chief executive Korkmaz Enes Ergun is linked to an investigation into suspected manipulation on the stock market. Prosecutors have brought two separate charges against him.
According to the statement, Ergun is accused of being a member of a criminal organization and of accepting bribes.
The prosecutor’s office said the investigation into the case is ongoing and that further measures will continue. No additional details about the case have been released.
