Turkey sacks head of main financial crimes unit

Turkey’s government fired the head of the nation’s Financial Crimes Investigation Board (MASAK), Cumhuriyet newspaper reported.

Osman Dereli, who was appointed in March 2016 during the tenure of former Prime Minister Ahmet Davutoğlu, was sacked this week, Cumhuriyet said. MASAK is a subsidiary of the Treasury and Finance Ministry, run by President Recep Tayyip Erdoğan’s son-in-law Berat Albayrak.

Turkey hired Hayrettin Kurt, MASAK’s head of legal proceedings, to replace Dereli, the newspaper said.

MASAK is Turkey’s chief institution in charge of uncovering money-laundering, fraud and other financial crimes. It also freezes the assets of terrorist suspects and investigates terrorist financing.