Military Coup in Turkey

Turkey’s government appears to have been overthrown in a coup, as the military claimed taking control over the country.

Tanks have been posted outside Istanbul’s Ataturk International Airport, while armored vehicles were photographed outside TRT offices.

All flights from Istanbul’s Ataturk International Airport have been canceled, Reuters reported citing a witness.

The Turkish military announced it was seizing power in the country “to protect the democratic order and to maintain human rights.”

“Turkish Armed Forces have completely taken over the administration of the country to reinstate constitutional order, human rights and freedoms, the rule of law and the general security that was damaged,” the military said in a statement. “All international agreements are still valid. We hope that all of our good relationships with all countries will continue.”

A military helicopter has been spotted opening fire above Ankara, Reuters reports, citing witnesses. Other reports claim a loud exposion occurred at the headquarters of state broadcaster TRT.
President Recep Erdogan is reportedly on vacation in the southern Turkish resort town of Bodrum.

About half an hour after midnight local time on Saturday, Erdogan appeared on CNN Turk (via Skype), issuing a statement blaming “parallel state” for the coup, calling for people to take to the streets, and vowing “We will overcome this.”

Erdogan has urged the nation to come out to the “squares and airports,” saying that no force can stand the power of the people.

Around midnight local time, a TRT anchor announced the country was now run by a “Peace Council” that will ensure the safety of the population.

Tanks have been posted outside Istanbul’s Ataturk International Airport and in other locations in the city.

Access to Twitter, Facebook and YouTube is being blocked, while the state-owned TRT television has gone off the air, according to reports from inside Turkey. It’s website shows weather.

“Some people illegally undertook an illegal action outside of the chain of command,” Prime Minister Bulent Yildirim said, in comments broadcast by private channel NTV.

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Shayne Heffernan Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.

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