# Turkey’s banking regulator chief offers to resign over $20bn fraud scandal

https://mins.news/en/item/139100

- Financial Times, 2026-11-11 13:09 UTC
- Economy
- Original: https://www.ft.com/content/f22ce1c1-8de8-420a-b9f6-4dff0fc1f732?syn-25a6b1a6=1

> Şahap Kavcıoğlu, who previously led the central bank, tendered his resignation, saying it was “to prevent any further damage” to the regulator.

## Related coverage

- [Turkey banking watchdog chief says he submitted resignation to Erdogan](https://mins.news/en/item/138771) — Reuters, 2026-11-11