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Sunday, May 8, 2016

Erdogan children’s immeasurable wealth origins questioned by German Bild


Erdogan children’s immeasurable wealth origins questioned by German Bild. (RT).

The German newspaper Bild has raised questions as to how Turkish President Recep Tayyip Erdogan’s children amassed their vast wealth, including one fortune worth tens of millions, when their father only earns some €50 thousand a year as head of state.

While their father [President Erdogan] earns some 50 thousand euro per year, his children bathe in luxury. Where does it come from? There is no official data on that account, the newspaper states.

The article then cites data published by Turkish opposition newspaper Cumhuriyet, which stated that everyone in Erdogan’s family, including his younger daughter, appear to be into business, dealing in such spheres as cosmetics, instant foods, the shipping industry, and jewelry.

The German newspaper notes that the net worth of one of Erdogan’s sons, Ahmet, amounts to some $80 million, with conflicting rumors concerning how he got this money. “A question is in order: does he get support from the [Turkish] government,” Bild writes.  

Bild also took note of last year’s discoveries published by the British news outlet, The Guardian, which uncovered information indicating that Turkish businessmen are actively involved in various deals with Islamic State (IS, formerly ISIL/ISIS) terrorists, such as illegal oil smuggling.

“One of them according to [The Guardian] data is Bilal Erdogan,” Bild points out.
Meanwhile, the Turkish government might soon see one of Erdogan’s family members join their family at the helm.

Erdogan has yet to appoint Davutoglu’s successor, but as the President will no doubt want his replacement to be more malleable, it is speculated that Erdogan’s son-in-law, Energy Minister Berat Albayrak, might have what it takes.Read the full story here.

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