Report reveals Turkish PM Yildirim’s 140 million euros in off-shore entities

Turkish Prime Minister Binali Yildirim (Photo by Gokhan Sahin/Getty Images)

The family of Turkish Prime Minister Binali Yildirim has off-shores with at least 140 million Euros in assets including cargo ships and properties in The Netherlands, reveals a report in the The Black Sea.

The report is based on an investigation into the Yıldırım family enterprise, part of the European Investigative Collaborations’ (EIC) #MaltaFiles and reveals that the family currently sits on shipping and related assets of well over 100 million Euros.

The assets consist of eleven foreign-flagged ships nestled in a network of secretive companies in Malta, the Netherlands, and the Netherlands Antilles with more suspected in the Marshall Islands and Panama.

The Black Sea report also reveals that Yıldırım’s son, daughter, uncle and nephews have purchased seven properties in the Netherlands, worth over two-and-a-half million dollars – all of which were paid for in cash.

Yıldırım had refused to answer questions in parliament from opposition MPs demanding that he reveal details of how they make their money in shipping.