US EditionTurkish Stocks Surge After Court Delays Case Against Opposition
- A Turkish court postponed a hearing in a case that could annul the election of Özgür Özel as leader of the CHP, now scheduled for September 8.
- The delay in the case lifted Istanbul's BIST 100 index by 5.4%, primarily due to decreased political uncertainty, as stated by Chief Economist Filiz Eryilmaz.
- If the case results in the annulment of the party's election held in November 2023, concerns may arise within the CHP, according to former CHP lawmaker Mehmet Sevigen.
- Lawyers claimed there were procedural irregularities in the election, with allegations of vote-buying, as noted by Ali Mahir Bağış.
16 Articles
16 Articles
A trial before a court in Ankara, which could lead to the dismissal of the party leader of the largest Turkish opposition party CHP, has been postponed until September, according to a correspondent from the AFP news agency on Monday.
Turkish markets rise as court delays hearing that could oust opposition leader
ANKARA - A Turkish court on Monday postponed a hearing in a case that could strip the leader of the main opposition Republican People's Party (CHP) of his post by potentially annulling a 2023 congress where he was elected - a move that helped lift markets. Read more at straitstimes.com.
Turkish Court Delays CHP Leadership Dispute Case
A Turkish court has postponed a key hearing regarding a lawsuit that could impact the leadership of the Republican People's Party (CHP). The case, set for September 8, threatens to annul the congress where Ozgur Ozel was elected. This follows a series of challenges faced by opponents of President Erdogan.
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