The assets of the Kurdish Institute of Istanbul seized

Assets of the Kurdish Institute of Istanbul, which was closed down in December 2016, have been seized by Turkish government through the Saving Deposits Insurance Fund (TMSF) on Tuesday.

The AKP government closed down and sealed the Kurdish Institute of Istanbul, which was founded by prominent Kurdish intellectuals including Musa Anter, Feqî Hüseyin Sağnıç and Cemşîd Bender on April 18, 1992, which conducts researches on the Kurdish language, culture and literature.

The Institute was raided and sealed by police forces on December 31 after the Interior Ministry announced the suspension of the activities of 94 associations in accordance with the Article 11 of the State of Emergency declared by the Turkish government following failed coup attempt on July 15, 2016.

Officials from the Saving Deposits Insurance Fund (TMSF) have seized the assets of the Institute on Tuesday.

Turkish government has effectively nationalized 809 companies by taking over their management or turning them over to the Treasury as of January 2017 as part of the crackdown on opposition and critical groups in the country, the Parliamentary inquiry revealed.

Responding to a motion filed by the main opposition Republican People’s Party (CHP) Denizli deputy Melike Basmacı, deputy Prime Minister Nurettin Canikli said the government has seized 809 companies as of Jan.11, 2017 with a total value of TL38,3 billion (nearly $10 billion).

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