(AFP) - In the heart of Istanbul, onlookers gather around taking selfies of the police's latest addition to its carpool: a Ferrari. City police now boast some of the world's flashiest supercars, not only Ferraris but also Bentleys and Lexuses.
They're the pickings of a nationwide crackdown on international organised crime involving narcotics smuggling and money laundering. Turkey's unique geography straddling Europe and Asia makes it an ideal centre for international crime.
"Turkey is in between the continents. So once you want to transfer an illegal commodity, it may be drugs, etc, you must have a step here," says Murat Aslan of the Foundation for Political, Economic, and Social Research, a think tank in Ankara.
Gang links
"Most criminal gangs in Europe or the United States or South America have links to the ones here in Turkey – and that is why police have started operations, especially focusing on the ones who have warrants or arrest warrants by Interpol.
"It's a process, and Turkey is currently in the middle of it."
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Interior Ministry videos show heavily armed police breaking down doors in the middle of the night at luxury addresses usually associated with Istanbul's high society.
Vast quantities of cash and guns are invariably recovered. Among those arrested are some of the world's most wanted criminals from Europe, Asia, and the United States, most connected to the illicit drugs trade, underlining Turkey's status as a hub for the European narcotics trade.
Last week, Turkish police, with their Spanish and French counterparts, broke up a European Central American drug cartel, resulting in dozens of arrests.
"According to Interpol and the Turkish police's narcotics department, Turkey has become a transshipment hub for Europe and the Middle East," says Atilla Yesilada, a Turkey analyst for Global Source Partners, another think tank.
"There are huge amounts of money floating around here."
Crime hub
Yesilada says Turkey became a hub for international crime not only because of its geography but also because of the government's recent efforts to attract foreign currency to prop up the Turkish lira with a wealth amnesty.
"Look at our wealth amnesty, bring cash, bring diamonds, we don't care. Just check it at the border or deposit it in a bank, and we'll never ask questions. This never-ask-questions part is, of course, completely in violation of the spirit of the global anti-money laundering legislation," Yesilada says.
Turkish Interior Minister Ali Yerlikaya, at a recent press conference on the crackdown, announced that over 1,000 arrests – including 50 people wanted by Interpol – had been made this year, along with over 3 billion dollars in seized assets.
Yerlikaya says he's committed to ending Turkey's reputation as a haven for drug kingpins.
"Thirty-eight mafia-type organised crime gangs, seven of which were international and 31 of which were local, were broken up," Yerlikaya says.
"We consider drugs a global disaster in the Turkish century. Our main goal in the fight against drugs is to ensure that Turkey becomes an inaccessible and Prohibited Zone for drugs. We consider drug crime equivalent to terrorism."
Turkey grey-listed
The crackdown follows the international anti-money laundering organisation the Financial Action Task Force (FATF) putting Turkey on its grey list of countries failing to combat global money laundering.
"Commercial banks and global funds are reluctant to do business with a country that's still on the grey list because, you know, too many sanctions," warns Yesilada.
Turkey's crackdown on organised crime and tightening of its financial controls are part of efforts to remove itself from the grey list and escape its damaging economic impact.
"If we remain on the FATF grey list again, from the top of my head, 20 percent of the institutions that would otherwise be interested in investing in Turkey probably won't be able to do so because of compliance fears," Yesilada says.
"It is going to be a significant concern when this extensive due diligence work is undertaken, whether to make a particular investment in Turkey."
The Turkish government sees increasing international investment as key to solving the country's economic woes, which means the raids on wanted international crime figures seem set to continue, along with confiscating their valuable assets.
For the Istanbul police, the supply of fancy cars looks set to continue.