Turkey cancels research director's licence over report on coup attempt
ISTANBUL - Turkey's Capital Markets Board on Wednesday cancelled the licence of the head of research at brokerage AK Investment and called for him to face charges over a report he wrote analysing the July 15 coup attempt.
In a regular bulletin, the board said it had cancelled Mert Ulker's capital markets activity licence over a report he had sent to clients on July 18, saying he had not "fulfilled his responsibilities".
It said Ulker would face charges under articles 299 and 301 of the penal code covering insults to the president, the nation and state institutions.
The general manager of AK Investment, Mert Erdogmus, told Reuters the company had sacked Ulker on July 25 over the report, saying it contained "mistakes and a lack of foresight", though he denied the move was linked to the board's decision.
