X
Edition:
United States

  • Business
    • Business Home
    • Legal
    • Deals
    • Aerospace & Defense
    • Finance
    • Autos
    • Reuters Summits
    • ADventures
    • Data Dive
  • Markets
    • Markets Home
    • U.S. Markets
    • European Markets
    • Asian Markets
    • Global Market Data
    • Indices
    • Stocks
    • Bonds
    • Currencies
    • Comm & Energy
    • Futures
    • Funds
    • Earnings
    • Dividends
  • World
    • World Home
    • U.S.
    • Special Reports
    • Reuters Investigates
    • Euro Zone
    • Middle East
    • China
    • Japan
    • Mexico
    • Brazil
    • Africa
    • Russia
    • India
  • Politics
    • Politics Home
    • Election 2016
    • Polling Explorer
    • Just In: Election 2016
    • What Voters Want
    • Supreme Court
  • Tech
    • Technology Home
    • Science
    • Top 100 Global Innovators
    • Environment
    • Innovation
  • Commentary
    • Commentary Home
    • Podcasts
  • Breakingviews
    • Breakingviews Home
    • Breakingviews Video
  • Money
    • Money Home
    • Retirement
    • Lipper Awards
    • Analyst Research
    • Stock Screener
    • Fund Screener
  • Life
    • Health
    • Sports
    • Arts
    • Entertainment
    • Oddly Enough
  • Pictures
    • Pictures Home
    • The Wider Image
    • Photographers
    • Focus 360
  • Video
UPDATE 5-Twelve officers charged over Turkey coup plot
  • Africa
    América Latina
  • عربي
    Argentina
  • Brasil
    Canada
  • 中国
    Deutschland
  • España
    France
  • India
    Italia
  • 日本
    México
  • РОССИЯ
    United Kingdom
  • United States
Bonds News | Wed Feb 24, 2010 | 2:20pm EST

UPDATE 5-Twelve officers charged over Turkey coup plot

* PM, president to meet military commander Thursday

* AK Party warns against harming legal process

* Increased tensions hit financial markets

* Chief prosecutor "assessing" AK Party comments

(Adds five more officers charged)

By Daren Butler

ISTANBUL, Feb 24 Twelve senior Turkish military officers were charged on Wednesday over an alleged plot to topple a government that secularist hardliners fear is pursuing a hidden Islamist agenda.

Turkey's top military commanders, who have seen the army's role as ultimate guardian of secularism eroded under European Union-backed reforms, held an emergency meeting late on Tuesday and warned in a statement of a "serious situation".

With tensions hitting investors' confidence and feeding speculation that elections due next year could be brought forward, Prime Minster Tayyip Erdogan and President Abdullah Gul will meet Turkey's top military commander on Thursday, a government source said.

Turkish stocks .XU100 closed down 3.4 percent and the lira weakened to a seven-month low against the dollar, while bond yields rose.

Adding to uncertainty, Turkey's chief prosecutor Abdurrahman Yalcinkaya said he was looking into statements made by deputies from the ruling AK Party, but had not reached the stage of opening a formal investigation against the party.

Yalcinkaya tried to have the party banned for anti-secular activities in 2008. Speculation that he could try again has prompted talk that the government could call a snap election.

The AK Party, first elected in 2002 in a landslide victory over older, established parties blighted by corruption and accusations of misrule, is also embroiled in a dispute with the judiciary -- another pillar of the orthodox establishment.

BAD MEMORIES

The military has ousted four governments of various political hues since 1960, although the army says the days of coups are now over.

While the chances of another coup are seen as remote, anxiety is growing over what the generals might do next and what strains the situation might put on the armed forces' leadership.

Turkey's NATO allies, particularly the United States, want the overwhelmingly Muslim nation to mature as a democracy.

Its prospects of entering the EU depend partly on ending the special status that made the arrest of military personnel, still less a former force commander, by civilian authorities inconceivable until recently.

Tensions were triggered by an unprecedented police swoop on Monday that detained around 50 serving and retired officers.

A court late on Wednesday ordered five officers, four of them retired and including former Rear Admiral Feyyaz Ogutcu, to be sent to jail pending trial. Another two were released.

The most senior detainees, retired Air Force Commander Ibrahim Firtina and ex-navy chief Ozden Ornek, are being held at police headquarters in Istanbul and are expected to be brought to the court for questioning on Thursday.

The other seven officers charged in the early hours of Wednesday consisted of four admirals, two retired and two serving, a retired brigadier-general and two retired colonels.

Pending a formal indictment, the detainees are accused of belonging to a terrorist group and of attempting to overthrow the government by force.

Six officers were released from custody on Tuesday after questioning. It was unclear if they would face charges.

LOW MORALE

The army leadership has said previously that probes into a series of alleged coup plots is hurting morale in the ranks.

In a characteristically veiled and brief statement on its web site on Tuesday, the General Staff said its top commanders had met to "assess the serious situation that has arisen".

"What do you mean? Are you going to carry out a coup?" said a headline in Taraf, a low-circulation newspaper that has broken several stories of alleged coup plots.

The current investigation into the so-called "Sledgehammer" plan, allegedly drawn up in 2003, was triggered by a report in Taraf last month. The military has said the plan was just a scenario drawn up for an army seminar.

Retired military officers are among around 200 people indicted over separate plots by a far-right group known as Ergenekon. Critics say that trial is being used to target political opponents, an accusation the government rejects. (Additional reporting by Pinar Aydinli, Zerin Elci and Ibon Villelabeitia in Ankara, Alexandra Hudson and Thomas Grove in Istanbul; Editing by Simon Cameron-Moore, Ralph Boulton and David Stamp)

Next In Bonds News

UPDATE 1-Saudi to settle delayed private sector payments by end-December- SPA

RIYADH, Nov 7 Saudi Arabia's government has discussed settling payments to the private sector before the end of the fiscal year, the state news agency reported on Monday.

BRIEF-Moody's says Italy's Baa2 rating balances large, diversified economy, credit strengths against challenges including large govt. debt burden

* Italy's Baa2 rating balances large, diversified economy, other credit strengths against challenges including a large government debt burden

Brazil raises 46.8 bln reais so far with amnesty program

BRASILIA, Nov 7 Brazil's government has collected 46.8 billion reais ($14.6 billion) in taxes and fines so far under an amnesty program for undeclared assets abroad which ended last month, the Revenue Service said on Monday.

MORE FROM REUTERS

Sponsored Content

From Around the Web Promoted by Taboola

Trending Stories

    FOCUS 360

    Video: Molding Russia's next generation of soldiers

    Sponsored Topics

    X
    Follow Reuters:
    • Follow Us On Twitter
    • Follow Us On Facebook
    • Follow Us On RSS
    • Follow Us On Instagram
    • Follow Us On YouTube
    • Follow Us On LinkedIn
    Subscribe: Feeds | Newsletters | Podcasts | Apps
    Reuters News Agency | Brand Attribution Guidelines

    Reuters is the news and media division of Thomson Reuters. Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Learn more about Thomson Reuters products:

    Eikon
    Information, analytics and exclusive news on financial markets - delivered in an intuitive desktop and mobile interface
    Elektron
    Everything you need to empower your workflow and enhance your enterprise data management
    World-Check
    Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks
    Westlaw
    Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology
    ONESOURCE
    The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs
    CHECKPOINT
    The industry leader for online information for tax, accounting and finance professionals

    All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.

    • Site Feedback
    • Corrections
    • Advertise With Us
    • Advertising Guidelines
    • AdChoices
    • Terms of Use
    • Privacy Policy