Global marketsUpdated November 7

Turkey remands former markets regulator deputy in fund probe.

The arrest report is the small part of this story: Asharq Business says the investment-fund investigation involves 433 suspects and about half a million investors. On Nov. 7, an Istanbul court remanded former Capital Markets Board deputy chairman Enver Usca and three other suspects in custody. Hürriyet Daily News reports Usca was held on suspicion of bribery, an allegation rather than a finding of guilt. Six suspects had also been detained on Nov. 3. The court order puts one former regulator inside a case whose reported reach runs to hundreds of thousands of investors.

2 publishers2 reports

Coverage started November 7