ISTANBUL — Turkey’s finance minister, Berat Albayrak, the son-in-law of President Recep Tayyip Erdogan, announced his resignation Sunday evening amid escalating fallout over the country’s collapsing economy and plunging currency.
Over the weekend, #Turkey's central bank governor & minister of treasury & finance left office. Back in 2013, the former was the deputy CEO of #Halkbank & the latter the CEO of #AktifBank's corporate parent #ÇalıkHolding, two banks implicated in #Iran's sanctions evasion schemes. pic.twitter.com/GtP1jghbaR
— Aykan Erdemir (@aykan_erdemir) November 8, 2020
FOR THOSE WHO DO NOT UNDERSTAND:
Our (disastrous) Minister of Treasury and Finance resigned due to "health issues" and he announced this via Instagram.
Without even an official statement or using a formal medium… pic.twitter.com/FgOqOAnKff
— AGLA (@AHIH_AShR_AHIH) November 8, 2020
Turkey’s Treasury and Finance Minister Berat Albayrak resigned on Sunday, citing health reasons, according to a statement on his verified Instagram accout. Albayrak said he’ll devote time to his family after stepping down, according to the
The decision by Turkish president Recep Tayyip Erdogan to fire the country’s central bank governor for the second time in little more than a year has left analysts perplexed and raised the stakes for the lira, which has slid to new depths in recent