Gürcafer Released on Bail Amid Fraud Investigation
Cafer Gürcafer, President of the Cyprus Turkish Contractors Association (KTİMB), was released on bail and will be tried without detention following his arrest by the Financial Crimes Investigation Unit.
Gürcafer appeared before the Nicosia District Court on charges of "Extortion," "Forgery," "Inducing Forgery," and "Circulating Forged Documents" related to incidents in Nicosia.
The court set bail conditions for Gürcafer, requiring a 400,000 TL bond, a 1 million TL surety bond, and regular reporting to the police. Additionally, he is prohibited from leaving the country.
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