Atatürk left his İş Bankası shares to his party, and the state took them twice

Atatürk signed his will at Dolmabahçe on 5 September 1938 and lodged it with an Istanbul notary on 6 October 1938. At his death his İş Bankası account held 1,446,872.03 lira and 114,891 shares. He left his cash, shares and Çankaya property to the Republican People's Party (CHP). The shares were to stay under İş Bankası management. After life payments to his sister Makbule (1,000 lira a month) and his adopted daughters, the yearly income was to be split equally between the Turkish Historical Society and the Turkish Language Association. In 1953 Law 6195 moved CHP assets, including the shares, to the Treasury. On 11 October 1963 the Constitutional Court annulled that law and the shares went back to the CHP. On 16 October 1981 the military government closed all parties, and the shares went to the Treasury again. The 1982 Constitution placed both societies under a state body, created by law in August 1983. The CHP reopened in 1992, and a 1997 Court of Cassation ruling returned the shares fully to it. President Erdoğan proposed moving them to the Treasury in 2018 and 2019. The CHP held 28.09 percent of the bank at the end of 2021 and still holds the stake in 2026^†.