A/HRC/37/50/Add.2
The net assets of FETO-owned companies in Turkey was estimated to be at least 10
billion US Dollars, while the global capital of FETÖ is estimated to be in 50-100 billion
Dollars.
This money is managed by the organization behind the doors. These corporations,
far beyond being real actors, and instead of playing like rational actors in the free market,
carry out the instructions of the organization's "elder brothers".
The businesses that are established with seed money from and managed by the
organization also make monetary contributions to the organization.
The names of the real owners of the organization's trade corporations; unions and
foundations do not appear in the legal documents. In fact, after December 17, 2013 the
ownership of these were swiftly taken over by the undisclosed members of FETÖ in order
to decrease the visibility of the organization and move it further underground. Meanwhile,
in order to prevent the appointment of a government trustee, some members of FETÖ have
rapidly converted their possessions and assets into cash by selling their businesses. The
ownership of the companies and personal assets of the members of the organization were
then fraudulently passed to third parties to prevent seizure of the assets by the law
enforcement authorities. The acquisitions of this kind of fraudulent transactions were
transferred to third countries.
The organization also provided state funds to its own members and companies under
the name of promotion, support or premium from many of the public institutions 5.
FETÖ-linked state officials abused their authority by suppressing, blackmailing and
threatening businessmen and traders, industrialists and even artists and models for funding
the FETÖ activities. They extorted money from businessmen and big companies in mafia
fashion under the cover of “benevolent contribution, scholarship or sacrifice money”. This
economic wealth acquired by deceiving people behind a religious mask, by begging, or by
using a kind of usurpation was being transferred to the organization institutions.
5
For instance: techno-cities of universities, Social Support Projects (SODES), supports of technology
and Innovation Support Programmes (TEYDEP) and Research Support Programmes (ARDEP), direct
income support in agriculture, stockbreeding supports, donations and supports given to cooperatives
and unions, health support projects were extended to the FETÖ entities without any supervision and
inspection.
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