Turkey's jailed mayor Ekrem Imamoglu criticises West for 'silence'

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Turkey's jailed mayor Ekrem Imamoglu criticises West for 'silence' - Business Standard

Quick Summary:

Imamoglu’s detention led to hundreds of thousands of Turks taking to the streets and a plunge in the country’s stocks and bonds.

The central bank intervention’s to stem the lira’s drop totaled around $27 billion, according to calculations by Bloomberg Economics, significantly reducing Turkey’s foreign-exchange reserves.

Turkish police detained Imamoglu on March 19 and he was later formally arrested on corruption charges, which he denies.