
CHP Karabük Deputy Cevdet Akay, who claimed that investors' sales orders were canceled and that there was a conflict of interest in Takasbank management, brought the issue to the Parliament.
AI-generated summary
Liquidation of fund assets worth approximately 1 trillion lira, affecting more than 500 thousand investors, is on the agenda.
CHP Karabük Deputy Cevdet Akay made a statement regarding the funds in the liquidation process and the management structure of Takasbank. Stating that there was a process that affected more than 500 thousand investors and in which the liquidation of fund assets worth approximately 1 trillion lira was on the agenda, Akay claimed that the sales orders given until 13.30 on September 16 and 17, 2026 were not processed and were canceled.
Noting that Takasbank claimed that such a transaction did not take place in its statement, Akay said, "How can Takasbank deny this process when we have dozens of documents and log records? Why were the citizens' sales orders not fulfilled? What is the legal and technical justification for the cancellation of the orders? Are investor rights protected within the scope of the Capital Markets Law No. 6362?" he said.
TAKASBANK MANAGEMENT STRUCTURE AND CONFLICT OF INTEREST ALLEGATIONS
Making evaluations about Takasbank's management bodies, Akay stated that the Chairman of Takasbank's Board of Directors is a bureaucrat who receives salaries from more than one institution. Stating that according to official records, 2 of Takasbank's 6 board members are partners and board members in portfolio management companies, Akay said, "How can the owners and managers of a portfolio management company take part in the management of an institution where portfolio transactions are carried out? Do the duties of these people create a conflict of interest? Will the salaries and other duties of the Chairman of the Board of Takasbank be disclosed to the public? How is independence ensured in the management of an institution responsible for the reliability of capital markets?" asked questions.

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