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Erdogan is now also head of state fund Turkey

ANKARA – The Turkish president Erdogan has himself appointed chairman of the staatsinvesteringsfonds of his country. The whole management had to clear the field and is replaced by a new board. That is according to the Turkish official gazette, among others, the son-in-law of the president, minister Berat Albayrak (Finance).

President Erdogan.

The Turkish government, the organization founded two years ago, in the aftermath of the failed coup. The state fund has interests in, among others, Turkish Airlines, state railways, Turk Telekom and the banks.

Erdogan waving since 2003 the scepter in Turkey, first as premier and now as president. He started this year stronger than ever. Turkey is switched to a presidential system, the president has extensive powers.

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