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Erdogan calls for Turkish treasury to take over opposition's stake in Isbank

Turkish President Tayyip Erdogan wants the country's treasury to acquire the country's main opposition party's stake in Türkiye İş Bankası AŞ, Reuters reported, citing Turkish daily Hürriyet.

The Republican People's Party owns a 28% share in the bank.

"Whatever the will of Mustafa Kemal Ataturk is here, let's realize the transfer of this heritage to the treasury. These are not a right of individuals. It is not a right of the [Republican People's Party]," Erdogan told reporters, Hürriyet reported.

The Republican People's Party stake originally belonged to Mustafa Kemal Ataturk, the founder of the Turkish Republic, according to the bank's website.

Earlier, Erdogan had called on local authorities to probe the role of several members of the main opposition party who served on the bank's board.