Authorities seek Turkish cryptocurrency exchange founder - a podcast by BBC World Service

from 2021-04-23T15:45

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A hunt is on for the founder of the Thodex cryptocurrency exchange, who has disappeared. Faruk Ozer has apparently fled Turkey and his customers have been unable to log in to their accounts and access their assets. Tayla Bilgic is senior news editor at Bloomberg in Istanbul, and fills us in on the story. Also in the programme, a global semiconductor shortage has led to suspension of production at a number of carmakers around the world. We hear from chipmaker Intel's corporate vice president for global sales Shannon Poulin, why the firm believes the shortfall could last another two years. Plus, a $2.3bn loan from the International Monetary Fund to Kenya has attracted a storm of public protest, amid concern about the country's debt levels, and that the money could be stolen by corrupt officials. Kenyan musician Okoth Vicky tells us why he released the song 'Stop Loaning Kenya' in response to news of the loan. IMF mission chief for Kenya, Mary Goodman, discusses the safeguards the organisation is putting in place to protect the funds. And Kenyan economist Reginal Katzuto explains why the loan is needed in the first place.

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