Turkish fund denies supporting Hamas after US sanctions move

Trend Gayrimenkul Yatirim Ortakligi

30/10/2023 05:31

ISTANBUL, Oct 30 (Reuters) - Turkish real estate
investment fund Trend GYO responded to the U.S. imposition of
sanctions on three of its shareholders on the grounds of
providing aid to Hamas, saying on Sunday it does not provide
financial support to any organisation.
    The U.S. on Friday issued a second round of sanctions aimed
at the Palestinian militant group Hamas following its attack
this month on Israel, including a Hamas official in Iran and
members of Iran's Islamic Revolutionary Guard Corps.
    The U.S. Treasury Department statement also designated what
it said were the three primary shareholders of Trend GYO
 TDGYO.IS , including its chairman and a board member.
    Trend GYO said it was established with foreign capital and
is a profit-oriented institution subject to regular audit by
Turkey's Capital Markets Board that acts in accordance with the
principle of transparency.
    "Our company does not provide financial support to any
organisation and it is impossible for it to do so, given the
laws which it is subject to," the statement said.    

 (Reporting by Can Sezer and Daren Butler; Editing by Stephen
Coates)
 ((daren.butler@tr.com; +90-212-350 7053; Reuters Messaging:
daren.butler.thomsonreuters.com@reuters.net))