Politics10/17/2025Bloomberg

Turkey Detains New Suspects in Can Holding Investigation

Turkey Detains New Suspects in Can Holding Investigation

Turkish authorities have detained 26 new suspects in an ongoing investigation into Can Holding, a company accused of fraud and money laundering. This latest wave of raids is part of an expanding probe into what prosecutors allege is a criminal organization. The investigation focuses on Can Holding and its affiliates, with authorities seeking to uncover the extent of the alleged criminal activities. The detention of these 26 individuals suggests the investigation is widening, as the authorities work to gather more evidence and identify potential accomplices. The case highlights the Turkish government's efforts to crackdown on financial crimes and corruption within the business sector. The outcome of this investigation and any potential charges or convictions could have significant implications for the companies and individuals involved.

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