Ankara4 days ago
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There is a huge crowd on the streets of Turki Istanbul to protest against the arrest of Mayor Acrem Imamoglu.
Due to the ongoing performance in the Turki, the currency Lira reached a record low of 42 against 1 dollar on Wednesday. However, it later compensated most of the damage of the day. Lira closed 2.6% to close at $ 37.665 per dollar.
This has also led to a decline in bonds and stock markets. The benchmark stock index (XU100) fell nearly 9%. This is the biggest decline of four years.
Demonstration after Istanbul mayor detained
The Turki administration took the main political rival of President Rechpe Tayyip Erdogan and Ikram Imamulu of Istanbul on March 19. He has been detained on several allegations, including corruption and helping a terrorist group.
The main opposition party- Republican People’s Party (CHP) leader Ozgur Ojel described the custody as a “coup attempt” and appealed to the opposition parties to unite. Ojel said, Türkiye is going through a coup against the next President. Despite what has happened, the party will choose Imamulu as its leader on Sunday (March 23).
At the same time, the Turkish government denied all the allegations of the opposition and said that the judiciary of the country is independent.
In front of Istanbul Municipality Headquarters, the supporter of Mayor Acrem Imamoglu shouting slogans.
Ikram Imamulu On two allegations, their investigation has also been made …
- A total of 100 people, including journalists and traders, are suspected to be involved in criminal activities in some of the municipal tenders issued by the municipality.
- Imamulu and six others are accused of helping the Kurdistan Workers Party (PKK). Türkiye considers it a terrorist organization.
Imamulu is a popular and influential leader
Imamulu is a popular and influential leader of CHP. A few days later, the party was to declare him the party’s official candidate for the 2028 presidential election. Imamulu’s custody is a link to the legal action on opposition leaders across the country for months.
Critics say that this is being taken to harm the electoral future of these leaders. Erdowan has been in power in Turkey for the last 22 years.
In 2024, Imamulu was again elected the mayor of Istanbul for five years.
The next election is to be held in 2028
The next election in Turki is to be held in 2028. Erdogan, the first Prime Minister, is completing his second term as President. If he wants to contest again, he will have to conduct elections soon before the completion of his term or amend the Constitution.
Erdogan suffered his worst electoral defeat last year. In the civic elections across the country, the CHP of Imamoglu won in the big cities and municipalities of Türkiye who were considered to be the stronghold of Erdogan’s ruling party-AK party.