Turkey launched a probe into the leader of the main opposition party for insulting President Recep Tayyip Erdoğan in the latest phase of a crackdown that has stoked investor fears about political instability and the government’s economic programme.
The probe, which could result in the Republican People’s party (CHP) chair Özgür Özel being stripped of his parliamentary immunity, follows the arrest in March of star opposition politician Ekrem İmamoğlu, which led to mass protests, investor panic and capital flight.
Turkish markets fell on Monday after prosecutors launched the probe late on Sunday.
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