Former Turkish Minister Kaya Arrested in Major Stock Market Scandal

Former Turkish minister Fatma Betül Sayan Kaya has been arrested on suspicion of market manipulation and organized crime involvement. She allegedly profited 38 million euros from stock sales using insider information. Her husband, Ilyas Kaya, is under judicial supervision. The scandal follows a major market crisis in Turkey, leading to the closure of numerous investment funds. Kaya, previously declared an unwanted foreigner in the Netherlands, resigned from her position in the ruling AK party amid the controversy. The Turkish government has initiated measures to address the fallout from the scandal, which has drawn significant criticism from opposition parties and within her own party.