Turkey is in turmoil after Istanbul’s mayor, Ekrem İmamoğlu, a leading opposition figure and potential challenger to Turkey’s president, Recep Tayyip Erdoğan, was arrested on March 19 on charges of corruption.
More than 1,000 people who protested against the arrest have also been detained as hundreds of thousands of demonstrators took to the streets in anger at what they say is a major blow against democracy. İmamoğlu, who denies all charges against him, has since been endorsed as the candidate for the 2028 presidential elections for the Republican People’s Party (CHP).
Central to the allegations of corruption is what is known in Turkey as “naylon faturacılık”. This literally means “nylon invoicing” and refers to the issuing of fake invoices. It doesn’t refer to simple clerical errors or accounting mishaps, but deliberate attempts to fabricate transactions, inflate expenses, or obscure real beneficiaries.