Turkey freezes assets of 770 people, cites terrorism

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Dec 24, 2021: Turkey has frozen the assets of a total of 770 people and issued an order to a US-based foundation accused of financing terrorism published in its official gazette on Friday.

The assets of the Chicago-based Niagara Foundation were frozen because of its links to US-based scholar Fethullah Gulen, whom Turkey accused of plotting a coup in 2016. The Gazette states that the assets of more than 400 people have been frozen for alleged links to Gulen.

This step was taken on the basis of reasonable grounds that they had committed the acts covered by the articles titled “the crime of financing of terrorism” and “acts prohibited from providing or collecting funds,” it added.

Assets of more than 200 individuals accused of links to the outlawed Kurdistan Workers’ Party and Islamic State militant groups were also frozen, according to the decision.

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