Turkey Detains Executives at Tera, Destek Amid Fund Turmoil
Turkish authorities have detained several finance executives from Tera and Destek and issued travel bans for others. The investigation follows massive outflows from several investment funds this week. The move comes amid significant turmoil within the country's financial sector.
Turkish authorities said several top finance executives were detained while others were given a travel ban, according to a statement on Thursday, as part of an investigation related to mass outflows from some funds this week.
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