The effort of “trivializing the issues” demonstrates the stance of Turkey's economy administration of “intervening on the symptoms and not on the issues.” It is the effort to sooth the society, to narcotize them by saying, “If you do not know, have not heard of it, if you do not care, then you are happy.”
DEVA chair Ali Babacan has criticized the government's new three-year economic program, saying he did not see it including any “concrete steps” which will economically provide a relief to the people. Babacan also said that with this new program, the government has admitted to Turkey being impoverished since he left the position of deputy prime minister in 2015.
Finance Minister Berat Albayrak has said that he doesn't care about exchange rates and that he doesn't follow them, as the Turkish Lira plumbed to new lows on Sept. 29. Albayrak's comments came after he unveiled the country's new economic program for 2021-2023 based on themes of "new stabilization, new normal, and the new economy." The minister said the Turkish economy is projected to grow 0.3 percent this year.
Our economy administration wasted billions of cash foreign currency of the Central Bank and public banks just to maintain a self-styled economy policy and to keep the foreign exchange rate at a certain level. It is a pity that now, this economy management, with its collapsed economy policy, is resorting to the monetary tightening of the Central Bank.
Only oppositional and independent outlets such as Cumhuriyet, Evrensel, Birgün, Yurt and the daily newspaper Sözcü published FinCEN Files and the Turkish involvement. All digital, independent media did report on it as well. None of the government-controlled newspapers and digital outlets did.
Turkey's Aktif Bank is suspected of having carried out money laundering on a grand scale for a customer network that includes the scandal-ridden German financial service provider Wirecard and shady figures from the porn industry, according to the FinCEN Files. Aktif Bank is part of Çalık Holding and a number of "suspicious transactions" included in the FinCEN Files were made while Minister Albayrak was the CEO of the holding.
The Turkish Lira continued plummet to record lows against G10 currencies on Sept. 21, trading for 7.59 liras on the dollar at opening. Meanwhile, the currency trades for 8.98 liras per euro and 9.81 liras per pound sterlin.
One thing to watch in Turkish politics, other than Erdoğan’s maneuvers, are two ministers. While Berat Albayrak looks like the man of the palace with the backing of his father-in-law, Süleyman Soylu gives the image of being a man of the people.
Treasury and Finance Minister Berat Albayrak was threatened by one of his European counterparts in the past, pro-government columnist Abdülkadir Selvi said on Aug. 27. When asked about when the said incident took place, Albayrak reportedly said, "When I was the Energy Minister."
CHP leader Kemal Kılıçdaroğlu has said that his party won't criticize Turkey's natural gas find in the Black Sea contrary to the government's wish. "We won't do what they want us to do. They want us to criticize, but we won't. Why would we?" Kılıçdaroğlu reportedly told CHP members.
Now a new flaw has been invented in Turkey: not being happy enough with the President Erdoğan's announcements. The government finds an enemy to accuse of everything evil and bad.
Murat Yetkin writes: While watching President Tayyip Erdoğan announcing at a ceremony the natural gas discovery in the Black Sea, I also had the impression that we are witnessing the ceremony for the announcement of a successor to him. With a phone call from a source from the business world, I realized that I was not the only one who thought the president might have pointed to Albayrak as his successor.
Future Party leader Ahmet Davutoğlu has said that Turkey's natural gas find in the Black Sea has turned into a personal promotion of Treasury and Finance Minister Berat Albayrak. "It's against the morals of a state to make such a find, which made all of us happy, become a personal promotion of a minister that destroyed Turkey's economy," Davutoğlu, who is also the former prime minister, said.
Finance Minister Berat Albayrak has refused to answer a main opposition CHP deputy's parliamentary question regarding corruption allegations in connection with a bank loan provided to two energy firms. Albayrak said the issue falls within "banking secrecy."
Dinçer Demirkent writes: President Erdoğan just appointed rectors to 16 universities across the country. This decision has raised “academic” concerns within universities. Questions have surfaced as to which criteria have been used and to what extent nepotism played a role in these appointments.