Former minister and prominent AK member Kaya arrested in Turkish fund scandal case

Former Turkish Minister Fatma Betül Sayan Kaya has been arrested on suspicion of insider trading related to a recent financial scandal. Allegations suggest she sold shares just before a significant market crash in September. Kaya, previously a prominent member of President Erdogan's AK party, is the first politician implicated in this scandal. The Turkish stock market fell sharply after a regulatory body decided to liquidate several investment funds, raising concerns about potential market manipulation. Kaya denies any wrongdoing, despite opposition claims that she profited from insider knowledge. Her arrest follows a diplomatic incident in 2017 involving her expulsion from the Netherlands during a campaign for a Turkish referendum.