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Turkish authorities complain about lira terrorists

The Turkish banking administrator has sued more than 20 people, including former central bank executives, journalists and an economist, for trying to squander the country’s financial resources in order to criticize the government’s unconstitutional financial policies.

The Banking Regulation and Supervision Agency said on Twitter on Monday it wants 26 people with Twitter accounts to take action on “their TV and blog posts”. [through] media media “, between a financial crisis which has reduced 35 percent from the lira price this year.

Among the accused is Durmus Yilmaz, who headed a central bank between 2006 and 2011 and is now a lawmaker. Rusdu Saracoglu, another former governor of the central bank, is also on the list submitted by the bank’s management.

The official said his complaint stemmed from an article written in the bank’s by-laws banning talking in the newspapers that could damage or tarnish the bank’s reputation.

The Turkish government often uses the courts to restrain its opponents and prosecutes journalists and TV users for their comments during the financial crisis.

President Recep Tayyip Erdogan has said he argued that the cry was weak will boost exports and economic growth and has ordered the central bank to lower interest rates even though inflation rates rise by more than 20 percent. He says high interest rates increase inflation, in contrast with the well-known economic theory.

Erdogan was compelled to explain emergency measures on December 20 when the lira dropped to 18.4 to the dollar, down 60 percent a year. The savings plan, which includes government guarantees to provide compensation for inflation, has helped the lira return to 11.5 against the dollar.

A very low at a central bank in the central bank earlier last week it said government agencies had bought billions of lira to use the money. Turkish imports fell by $ 5.9bn in the first two days last week, according to a report in the Financial Times based on central bank data.

Finance Minister Nureddin Nebati said in a televised interview on Monday that there had been no intervention on December 20 and that the lira had reimbursed much of what was lost after the Turkish people “rushed to sell their dollars” following Erdogan’s promise to protect the lira. .

Guldem Atabay, an economist who writes for the Para Analiz website who was named by the central bank, said he had not been notified of the complaints but doubted this was in line with the concerns he had expressed. potential dangers in a new deposit tool.

“The complaint threatens other financial professionals who are also exposing government wrongdoing,” he said. “I will continue to try to make people aware of what I see, which takes mathematics and science.”


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