Erdoğan signs decree closing Istanbul's Bilgi University amid criminal probe into owner
Turkey's President Recep Tayyip Erdoğan has signed a decree to close Istanbul Bilgi University amid a criminal investigation into its owner, Can Holding. The university's operating license was revoked after its founding foundation was placed under trusteeship due to allegations of fraud and money laundering. Concerns have been raised regarding the future of the university's students and academic staff following this decision.
- ▪Istanbul Bilgi University was closed as part of an investigation into its owner, Can Holding.
- ▪The university's license was revoked after its founding foundation was placed under trusteeship.
- ▪Detention orders were issued for 10 individuals connected to Can Holding, which is accused of establishing a criminal organization.
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