A Turkish prosecutor's office said it ordered the seizure of the companies of Can Holding, owner of major media outlets, in an investigation into money laundering, tax evasion and organised crime.
Can Holding owns major television channels Haberturk, Show TV and Bloomberg HT.
Istanbul's Kucukcekmece prosecutor's office said Can Holding and its owners were using their companies to move money illegally and forging documents. It said an organised crime ring was established by Can Holding owners.
It said Turkey's financial crimes investigation unit had inspected Can Holding's documents and accounts, finding that it was illegally obtaining funds, evading tax regulations, while financing operations through illegal funds.
"As part of the operation, assets of 121 companies were seized, TMSF was appointed as a trustee, and detention orders were issued for 10 suspects," the statement reads.
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