Turkish bidder for British Steel was accused of corruption
(The Guardian Business News)

Oyak allegedly made land deals that cost Turkey´s exchequer tens of millions of liraThe Turkish pension fund poised to buy British Steel was accused of corruption by a parliamentary commission, and jointly owns a car plant where striking workers were allegedly mistreated.A subsidiary of Oyak, a £15bn pension scheme chaired by an army general, is on the verge of being named the government´s preferred bidder to take over British Steel, including the Scunthorpe steelworks where more than 4,000 people work. Continue reading...