After the July 2016 coup attempt, a state of emergency was declared. Under emergency decree No. 687 of February 9, 2017, Turkey's Saving Deposit Insurance Fund (TMSF) will be authorized to sell companies seized by the state through the appointment of trustees. Also, through the use of emergency decrees- such as Nos. 668 (July 27, 2016), 675 (October 29, 2016) and 677 (November 22, 2016), 178 media organizations were closed down being charged of having terrorist affiliations. As to November 2016, Twenty-four of these shut-down media organizations were radio stations, twenty- eight televisions, eighty newspapers.