Turkish President Tayyip Erdogan said on Monday the March 31 local elections wer...
ANKARA - Turkish President Tayyip Erdogan said on Monday the March 31 local elections were marred by “organized crime” at ballot boxes in Istanbul, and his comment drove down Turkey’s lira and assets as markets worried about a potential re-run of the vote.
Erdogan’s AK Party has already lost the mayoralty in the capital Ankara to the main opposition Republican People’s Party , and is challenging initial results showing a narrow CHP victory in Turkey’s largest city. Erdogan said the scale of electoral irregularities his party had uncovered meant the margin of votes between Istanbul’s top two candidates, less than 20,000 in a city of 10 million voters, was too narrow for the opposition to claim victory.
Partial recounts have already been carried out in Istanbul, which have narrowed the initial lead for CHP mayoral candidate Ekrem Imamoglu from 25,000 to a little less than 16,000 after more than 90 percent of those recounts.
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