Minister of Commerce Ömer Bolat made a written statement regarding the fund allegations targeting his person, his family and his duty.
"OUR ASSETS ARE ALREADY IN THE HANDS OF THE STATE"
Emphasizing that since the date he took office, the declarations of assets belonging to himself and his first-degree family relatives have been submitted to the competent state institutions in full within the procedures and periods stipulated by the relevant legislation, Minister Bolat said, "We have never felt the need to hide any of our assets, sources of income or savings until today. Our declaration of assets is already in the hands of the state."
"THE CLAIM THAT HE PAID 400 AND GOT 800 IS A BIG LIE"
Stating that there are over 1,200 investment funds and many capital market instruments in Türkiye, Bolat described his name being brought to the agenda through the investigations initiated against 7 investment companies on September 16, 2026, as "a new version of social and political lynch hunting".
Minister Bolat shared the following details about the status of family savings:
"The family savings of 37.8 million Turkish Liras, consisting of 43 years of private sector, academic life and business world savings, were deposited into the SUKUK (lease certificate) account within Hedef Yatırım Portföy on February 26, 2024, after professional activities were suspended due to duty.
This investment, which has passed 2 years and 8 months, has definitely not been closed and continued to remain in the same account after the investigations on September 16, 2026.
No stock purchases, sales or other investment operations were carried out on the savings in question before or after the date of the investigation.
"The latest return rates of the lease certificate, which is tried to be reconciled with risky financial instruments, were 1.82 percent in the last 1-month period, 7.75 percent in the last 3-month period and 18.81 percent in the last 6-month period."
In the light of this data, Bolat stated that the claim made about him that "he put 400 into the fund and received 800" was a "big lie".
"I HAVE NO PARTNERSHIP OR SIGNATURE AUTHORITY IN ANY FINANCIAL INSTITUTION"
Bolat reiterated that no stock exchange operations have been carried out other than the savings in the same account for approximately 2 years and 8 months, and emphasized that he does not have any management, partnership or signature authority in the mentioned investment or financial institutions, and that it is a complete lie to associate them with the administrative activities of these institutions.
"WE HAVE NO CRYPTO ASSETS OR FOREIGN INVESTMENTS"
Minister Bolat underlined that neither he nor his family has crypto assets or foreign financial investments; He stated that all income, expenses, payments and financial movements are under state control and transparent, and that they do not owe any taxes or insurance premiums to the state. MASAK stated that they are open to the audit of all public institutions, especially the Capital Markets Board (CMB), BRSA and the Revenue Administration.
"WE WILL HANDLE THE HONOR EXECUTIVES IN THE JUDICIARY WITH THE EXECUTORS WHO MADE MY GRANDSONS CRY"
Stating that the slanders made even his 8-year-old grandchildren cry, Minister of Trade Ömer Bolat completed his statement with the following words:
"The greatest foundation of our 63 years of life and 43 years of business life has been transparency, truthfulness and honesty. I clearly declare that I will use all my legal rights to the full extent against people and institutions that spread these unfounded lies aimed at misleading the public, damaging my reputation and shaking the trust in the office in which I serve."
