Police carried out simultaneous raids on 44 businesses including a holding firm in the Uskudar and Umraniye districts on the Asian side of Istanbul, the Anadolu news agency reported.
The suspects are accused of financing the activities of US-based cleric Fethullah Gulen who is blamed by authorities for orchestrating the July 15 putsch.
Also Read
The companies targeted have not been named so far. It is not clear how many suspects have been detained in the raids.
Turkish authorities have undertaken a relentless crackdown on alleged Gulen supporters in the wake of the coup, detaining over 35,000 people. Almost 11,600 have since been released.
Gulen, in self-imposed exile in the United States since 1999, has denied the government's accusations.
Turkish police on Monday raided four major courts in Istanbul, detaining 136 of the wanted prosecutors and other judicial staff working at the courts.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)