World

Istanbul, Ankara under probe over alleged illicit event spending

Nov 15, 2024

Istanbul [Turkey], November 15: Two Turkish public prosecutor offices have initiated investigations into Istanbul and Ankara municipalities over their expenditures at some public events, local media reported Thursday.
The Ankara chief prosecutor's office said late on Wednesday that it had launched an investigation over the spending on two concerts organized by Ankara during celebrations marking the founding of the Republic of Türkiye on Oct. 29, local media reported.
Two inspectors from the Turkish interior ministry will be involved in the investigation, it reported.
There has been a heated public debate for nearly two weeks over claims that Ankara allocated 61 million Turkish Liras (around 1.8 million U.S. dollars) for those concerts, it reported.
Hours after the probe into Ankara, the Istanbul chief prosecutor's office said it would investigate "irregular spending" at some public events organized by the Istanbul municipality, without elaborating, local media reported.
The two municipalities, both run by the main opposition Republican People's Party, denied the allegations, it reported.
Source: Xinhua

More news

Nadcab's Modern AI Algorithms Unlocking Sustainable Gains in the Financial Sector with Cybersecurity Confidence

New Delhi [India], May 30: Artificial Intelligence (AI), which was once seen as a futuristic concept, is now invading the decision-making processes of finance. Due to robust AI development methodologies used by a well-known AI development company, Nadcab Labs, AI algorithms can now be capable of processing and examining a massive volume of both structured and unstructured data accurately in real-time, which is far beyond human capabilities. This inspires the financial institutions to become faster, smarter, and more efficient.

May 30, 2025