President Erdogan appoints himself head of Turkey’s sovereign wealth fund | WHAT REALLY HAPPENED


President Erdogan appoints himself head of Turkey’s sovereign wealth fund

President Recep Tayyip Erdogan has appointed himself chairman of Turkey’s sovereign wealth fund, the Official Gazette said on Wednesday. Erdogan also completely changed the fund’s board, naming Finance Minister Berat Albayrak as his deputy. The revamp was the latest in a series of steps Erdogan has taken to assume new powers since he won a presidential election in June, heralding the move to an executive presidency, Reuters said.

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