Breaking news! An operation has been launched against Istanbul Gold Refinery A.Ş. and its affiliates. Arrest warrants have been issued for 23 individuals.

The Istanbul Chief Public Prosecutor's Office has issued arrest warrants for 23 individuals involved in fraudulent activities that caused public loss by obtaining state support illegally. Among those arrested are high-level executives of the refinery.

The operation was carried out by the Istanbul Provincial Gendarmerie Command. Raids were conducted at 24 addresses, and so far, 21 individuals have been detained.

The investigation was initiated against companies that abused the 3% state support provided to exporting companies. Serious allegations have been made against the officials of the relevant companies.

Istanbul Gold Refinery was among the largest industrial enterprises in Turkey. Stay tuned for more information about the company's history and the operation.