A deputy chair of President Recep Tayyip Erdogan’s ruling AK Party resigns after an opposition politician accuses her of profiting from share trades shortly before Turkey’s widening funds crisis drives a major stock market selloff. Fatma Betul Sayan Kaya, who is responsible for social policies within the party, steps down from her party post after the allegations surface.
Several outlets report the allegations center on her stock trading and involve her husband as well. Bloomberg and other accounts describe the move as reaching AK Party leadership amid the market turmoil linked to the fund crisis. Al-Monitor, citing Reuters, says Kaya asks Erdogan to relieve her of all duties so the claims can be investigated, framing her resignation as part of allowing scrutiny.
While the reports agree on the resignation and the timing of the accusations relative to the selloff, they mainly differ in emphasis: some focus on the political impact inside the AK Party, while others highlight Kaya’s decision to step back to enable investigation of the trading allegation. None of the sources provide evidence beyond the opposition claims.
