Turkey’s $200 Billion Wealth Fund Paralyzed by Internal Strife
By Kerim Karakaya , Onur Ant , and Benjamin Harvey
September 7, 2017, 4:00 AM GMT+2
Erdogan’s old ally emerges as another pillar of Turkish power Prime minister calls claims of one-man rule a ‘complete lie’ Recep Tayyip Erdogan and Binali Yildirim. Photographer: Mehmet Ali Ozcan/Anadolu Agency via Getty Images Days after last year’s failed coup, Turkish President Recep Tayyip Erdogan and his allies set to work creating a wealth fund to safeguard what is now about $200 billion of assets, including cash, property and shares.
More:Turkey’s $200 Billion Wealth Fund Paralyzed by Internal Strife - Bloomberg
