Tuesday, September 15, 2009

Turkish Leader Denies Press Crackdown

Turkish Prime Minster is denying accusations that the 2.5 billions dollar fine he levied on Dogan Holdings was done for political reasons. With Dogan Holdings assests amounting to about 2.8 billion this would be a huge blow. Dogan Holdings stocks saw a huge decrease when the penalty was announced. Dogan Holdings is also accused of have close relationships with past Turkish goverments that profited the organization, Dogan Holdings is currently denying these accusations.

By: Kyle Reilly

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