Turkish state-run bank’s board member resigns following corruption scandal arrest

Photo: Turkish state-run bank’s board member resigns following corruption scandal arrest
 / Turkey

Baku, Azerbaijan, May 10

By Rufiz Hafizoglu - Trend:

The board member of Turkey's biggest state-run bank - Ziraat Bankası (Agricultural Bank), Suleyman Aslan resigned, Turkish Hurriyet newspaper said on May 10.

Prior to being appointed the board member of Ziraat Bankası, Aslan served as the CEO of Turkish Halk Bankası (People's Bank).

Suleyman Aslan resigned on May 9; however the reasons for this have not yet been disclosed.

Aslan was appointed member of the board of the largest state-run bank - Ziraat Bankası on April 8 - a few months after he was released from prison.

He was previously arrested under an anti-corruption operation in Turkey, held in December 2013 and then was released in February 2014.

Afterwards, he was appointed the chief executive officer at the Halk Bankası.

Boards of directors at Turkish state banks have a right to independently choose a chairman, according to Turkey's banking legislation.

Turkish police conducted special operations in Istanbul and Ankara on December 17, 2013, resulting in the arrest of several dozen people including businessmen and the sons of some ministers.

The detainees were accused of corruption, smuggling and selling drugs.

Former Interior Minister Muammar Guler's son Baris Guler, former Economy Minister Zafer Caglayan's son Salih Kaan Caglayan, the Mayor of Istanbul's Fatih Municipality Mustafa Demir, well known entrepreneur Ali Agaoglu and businessman Reza Zarrab were all arrested during the same operation by police.

Turkish Prosecutor's Office made a decision to release them in February 2014.

Translated by E.A.

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