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Erdoğan bids to contain fallout from Turkey’s $18bn stock market scandal

  • Posted on September 28, 2026
  • By Financial Times
  • 1 Views
  • 1 min read
In brief

Turkey faces significant political and economic turbulence following an $18 billion stock market manipulation scandal. President Erdoğan has pledged accountability for those responsible, while the governing party experiences internal fallout with the deputy chair's resignation. The crisis highlights systemic vulnerabilities in market oversight and regulatory enforcement, raising questions about transparency in Turkey's financial sector and the government's capacity to restore investor confidence amid economic pressures.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

Erdoğan bids to contain fallout from Turkey’s $18bn stock market scandal
Erdoğan bids to contain fallout from Turkey’s $18bn stock market scandal

President says those ‘engaged in manipulative schemes’ will be held to account as deputy chair of governing party resigns
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Author
Financial Times

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