Turkish far-right candidate Oğan sees asset surge after exiting race in support of Erdoğan, MP reports

Turkish far-right alliance’s presidential candidate Sinan Oğan experienced a surge in assets shortly before and after the 2023 general elections, following his endorsement of President Erdoğan in the second round, the CHP lawmaker reported.

Duvar English

The main opposition Republican People’s Party (CHP) lawmaker Hasan Öztürkmen on June 25 shared documents regarding the dramatic increase in the assets of Sinan Oğan, the far-right ATA Alliance’s presidential candidate who endorsed president Recep Tayyip Erdoğan in the second round against the opposition candidate Kemal Kılıçdaroğlu.

According to the land registry records shared by MP Öztürkmen, Oğan bought a large number of plots, lands, mansions, and high-end residences just before and after the election. 

The deputy stated that the current value of the properties was over 100 million Turkish liras ($3.03M).

In his statement on the matter, Öztürkmen underscored, “He betrayed the trust of the five million votes he had garnered while seeking the votes of Turkish nationalists.”

The deputy noted, "After the elections, Oğan said that reports on the assets he bought were lies and slander. However, we have confirmed all of them."

The lawmaker disclosed that, in the capital Ankara’s Gölbaşı district, Oğan acquired an estate consisting of a 7-acre plot and an 800-square-meter mansion. The property was purchased for 30 million lira, with today's average value estimated at 50 million lira.

Additionally from the same district, Oğan acquired a 2,941-square-meter plot valued at 4.5-5 million lira today.

Also, Oğan purchased a high-end apartment in Ankara’s Çankaya district. Prices for apartments in the area range from 12 million to 35 million liras depending on location and size.

Oğan, in an interview months ago, said he bought his famous mansion in Gölbaşı first in 2020 for "more than one million dollars." Initially, on a 2-acre plot, Oğan expanded the estate in 2023 by purchasing three more parcels, totaling approximately 20 million liras today.

"Oğan not only expanded his villa with new parcels but also closed off a state-owned road adjacent to the plot where his villa is located with a gate. He added a wolf figure and posed with the Grey Wolf symbol on that infamous gate," the lawmaker stated.

MP Öztürkmen called Oğan to disclose his whole wealth and when he acquired each of the aforementioned assets if he was wrong.

In a statement in the last weeks, Oğan claimed that Turkey would have been “plunged into an economic and political crisis” if he had supported Kılıçdaroğlu instead of Erdoğan.

In the same speech, he also said he was working to become “the joint candidate of the Turkish right” in the 2028 presidential elections.

The ATA Alliance’s presidential candidate Oğan garnered 5.2 percent of the votes in the first round of the presidential elections. Afterwards, the political parties in the alliance disagreed on who they would support in the second round, leading to its collapse.

Oğan, on the other hand, one week before the second round of the elections, announced this endorsement of Erdoğan in the second round.