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FORMER BANK OWNER MURAT DEMIREL ARRIVES IN A STATE SECURITY COURT IN ISTANBUL, 2001-05-31 (photo)

FORMER BANK OWNER MURAT DEMIREL ARRIVES IN A STATE SECURITY COURT IN ISTANBUL, 2001-05-31 (photo)
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IMAGE number
REU8533655
Image title
FORMER BANK OWNER MURAT DEMIREL ARRIVES IN A STATE SECURITY COURT IN ISTANBUL, 2001-05-31 (photo)
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Artist
Unknown
Medium
photograph
Date
2001 AD (C21st AD)
Shooting Date
2001-05-31
Image description

Former Turkish President Suleyman Demirel's nephew Yahya Murat Demirel, former owner of Egebank, one of the troubled private banks taken over by a special fund run by the banking regulatory body, is escorted by gendarmes upon his arrival at a state security court in Istanbul May 31, 2001. Turkey passed a banking law earlier this month, aiming to speed up consolidation in the sector and strenghten penalties for abuse of bank sources. The banking reform is major element of an economic programme pledged to the IMF and World Bank in return for $15 billion of loans this year to overcome the crisis. FS

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REUTERS/Mustafa Ozer / Bridgeman Images
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