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By Akin Nazli in Belgrade Turkey’s president, Recep Tayyip Erdogan, has spent as much as Turkish lira (TRY) 3.3bn on building three palaces for himself, according to a Turkish daily. Birgun newspaper reported on the cost to the public purse as Erdogan ordered the building of the Ankara presidential palace, a summer palace and a winter palace. Converting the expenditure using the current exchange rate of 1 USD = TRY 34, the sum spent on the three palaces equals $97mn. However, when the construction of Erdogan’s first palace, located in Ankara’s Bestepe district, kicked off in 2012, the exchange…

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