Fatma Betul Sayan Kaya, deputy chair of Turkey's ruling AK Party under President Recep Tayyip Erdogan, stepped down on September 27, 2026, after opposition accusations that she made large profits on share trades just before an investment fund crisis. By September 28, Turkish prosecutors lifted asset freezes on 45 companies and 19 funds affecting over 450,000 investors.
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Turkey’s widening fund crisis has reached the ruling AK Party’s leadership, with Deputy Chair Fatma Betul Sayan Kaya stepping down from her party post after opposition allegations about stock trades involving her and her husband.
Deputy chair of Turkey's AK Party resigns after trading allegation amid funds crisis Reuters
ANKARA, Sept 27 - A deputy chair of President Tayyip Erdogan's ruling AK Party stepped down after an opposition politician accused her of making a large profit on shares just before a funds crisis triggered a major selloff on the country's stock market.
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Turkey’s ruling-party deputy chair steps down after share trading allegations apnews.com
Turkey’s ruling party has accepted the resignation of its deputy chairwoman. Fatma Betul Sayan Kaya, from President Recep Tayyip Erdogan’s Justice and Development Party, has been accused of making tens of millions of dollars from shares sold just before a…
Turkish prosecutors have lifted asset restrictions on 45 companies and 19 funds amid an investment fund crisis affecting more than 450,000 investors. The decision comes after a deputy chair of President Recep Tayyip Erdoğan’s ruling party resigned amid allegations about her share trading.