Deputy chair of Turkey's AK Party resigns after trading allegation amid funds crisis

AI Summary

Fatma Betul Sayan Kaya, deputy chair of Turkey's AK Party, resigned following allegations of profiting from stock trading before a major market selloff linked to a funds crisis. The party and authorities are investigating the trading allegations amid political and economic tensions.

ANKARA, Sept 27 (Reuters) - A deputy chair of President Tayyip Erdogan's ruling AK Party stepped down after an opposition politician accused her of making a large profit on shares just before a funds crisis triggered a major selloff on the country's stock market. Fatma Betul Sayan Kaya, the AK Party's deputy chair responsible for social policies and who also served as family minister from 2016 to 2018, said late on Saturday she had asked Erdogan to relieve her of all her duties so the allegations could be investigated.