Istanbul mayor urges Turkish business community to show ‘courage’ towards Erdoğan

Source:Financial Times Date:04Jul2022

It takes balls to say business community lacks ball to stand up to Erdogan, who is destroying them

Turkey’s business community is “culpable” for the worsening economic crisis because of its failure to speak out against President Recep Tayyip Erdoğan and his unorthodox policies, one of the country’s leading opposition figures has said as he urged corporate executives to show “courage”. In an attack on the business world, Ekrem İmamoğlu, the mayor of Istanbul, lamented the fact that the nation was suffering from “the most important economic crisis in Turkey’s history”, with inflation running at more than 70 per cent and poverty soaring, and yet company leaders were failing to speak out.