Kaynak Holding trustees to receive staggering six-figure salary

A monthly salary of TL 105,000 ($36,624) will be paid to the each of the trustees appointed to run Kaynak Holding, which was recently seized in a government-backed move, according to a ruling by the Istanbul 10th Criminal Court of Peace on Wednesday. The court ruled for the appointment of seven trustees to manage 21 companies under the holding on Wednesday. The court also decided the trustees would receive TL 5,000 ($1,744) for each company due to the and”heavy workand” and for the money to be met from the companiesand’ budgets. The trustees, imran Okumui, Sezai andciandcek, Handuseyin Yaiar, Aytekin Karahan, Ertuirul Erdogan, ismail Gandulen and Levent Kanduandcanduk will therefore receive TL 735,000 ($256,368) in total from the holdingand’s budget. Kaynak Holding owns the largest publishing house in Turkey, Kaynak Publishing House, the NT Maiazalari nationwide bookstore chain, and employs more than 8,000 people.


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