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Al Jazeera
Al Jazeera
Business

Turkiye prosecutors seize media conglomerate as part of ‘fraud’ probe

Türkiye Haberturk
Turkish gendarmerie vehicles are seen at the entrance to Haberturk TV station's headquarters in Istanbul after prosecutors announced that it seized control of a 121-company conglomerate, Can Holdings [Ozan Kose/AFP]

Prosecutors in Turkiye have seized control of a 121-company conglomerate, which includes three major television stations, and ordered the arrest of 10 of its executives on fraud charges, according to media reports.

The arrest order on Thursday targeted management at Can Holding, which is known for its energy and education assets, and which last year acquired prominent TV channels including Haberturk, Show TV and Bloomberg HT, an affiliate of Bloomberg News.

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