Saying the investigation is politically motivated, CGD chair Ahmet Akabay claimed that the investigation is aimed at silencing the station, which opposes government policies.
Given the coming general elections in November, government is trying to pressure and weaken media that it can't control, he said.
Ministry of Finance, Revenue Administration Department Coordinator Metin Ölçek has demanded from banks the account information of several people and the mother corporation of the TV station with an official text on February 8.
Kanalturk station owner Yaşam Tv and Broadcasting Inc., journalists and programmers Tuncay Ozkan, Cüneyt Arcayürek and Mine G. Kırıkkanat are among the people to be subjected to the investigation.
Ölçek demanded the amounts and destinations of money transfers regarding accounts held by those in question.
The station made an announcement, deeming the investigation as "unlawful, politically motivated and unrelated to public benefit".
On another account, the Radio and Television Supreme Court (RTUK) sanction given to Kanalturk with regard to a news piece about a corruption in Is Bank has been put to place on February 16.
Following the bank's complaint RTUK decided for a one-day replacement of the 20 o'clock news with another programme.(EÖ/EÜ)