
In his statement regarding the fund crisis, President Recep Tayyip Erdoğan defined the red line as the nation against those who try to threaten economic security, and said that they are closely monitoring the developments in the capital market and the necessary steps will be taken quickly.
AI-generated summary
Concerns about fluctuations in the capital market and fund crisis have been on the agenda in Türkiye.
AKP President Recep Tayyip Erdoğan made evaluations about the fund crisis in his statement after the Cabinet meeting.
Erdogan said:
"We are not like them. Our red line is our beloved nation. We neither violate rights nor tolerate the violation of citizens' rights. This is the difference between us. When it comes to the economic security of 86 million people, we do not hesitate in the slightest. We closely follow the developments in our capital market.
We ensure that the necessary steps are taken quickly. Türkiye today has an economy approaching 2 trillion dollars. No one has the right to make investors nervous.
Turkish capital market is resilient. Whoever claims otherwise would be doing a great injustice to the Turkish people.
Necessary investigations are being carried out against those who make unfair profits.
They will answer for this before the law.
We are working to prevent similar problems. "
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President Recep Tayyip Erdoğan addressed the nation after the Cabinet meeting and discussed school security, athletes' achievements, investments in Rize and Samsun, Istanbul Airport's new runway, Veterans Day appointments, ABG speech, Palestine support, Türkevi diploma, MÜSİAD event and fund market investigation.

President Erdoğan wished a speedy recovery to the children injured in the attack near the school in Manisa, and said that they discussed additional measures that can be taken in schools and that a safe school climate will be built. He stated that the number of runways at Istanbul Airport is 6, waiting times are shorter and take-off safety is at the highest level. He announced that the rights of martyrs' relatives cannot be paid and that the number of martyrs' relatives and veterans employed in the public sector is 53 thousand 179. He stated that they gave the prescription for the new world order in which trust and prosperity prevail at the UN General Assembly, that they shared the new order with the world in 5 articles, that they spoke on behalf of the oppressed, that Israel's state terrorism is at the top of the UN agenda, that it is a shame that Abbas is not at the UN, and that Netanyahu's UN speech made consciences bleed. Regarding the fund investigation, they stated that they evaluated the fund issue, which has been on the agenda since September 17, that the Ministers of Justice and Treasury made a comprehensive presentation, that the state is against those who encroach on the rights of the nation, that the red line is a dear nation, we are ensuring that the necessary steps are taken quickly, that Türkiye has an economic size approaching 2 trillion dollars today, that our financial system is strong, that the problem occurred in a limited part of the fund market, that any risk that has spread to the financial system is not an issue, and that it will harm our economy for the sake of gaining political position. He said that he had no right to give money or make investors uneasy.

İYİ Party Deputy Chairman of Legal and Election Affairs and Afyonkarahisar Deputy Hakan Şeref Olgun announced that they will take the allegations of fund fraud to the judiciary. Olgun emphasized that the process should be handled not only as a political debate but also as a matter of law, justice, public interest and economic security, and stated that they will exercise their right to legal complaint and lawsuit to hold those responsible accountable.

People's Liberation Party (HKP) Deputy Secretary General Tacettin Çolak filed a criminal complaint against 10 people, including President Erdoğan, Minister Mehmet Şimşek and Fatma Betül Sayan Kaya, alleging manipulation of the stock market through the TERA fund.

It was revealed that the 5 people detained near Fairford Air Base in the Gloucestershire region of England on suspicion of preparing a terrorist attack were British citizens. Iran's Embassy in London denied the allegations, and US President Donald Trump described the incident as a "great job".

New Party Group Deputy Chairman Gökhan Günaydın stated that Türkiye is facing a robbery of at least 20 billion dollars in fund investigations and said that he would make statements through Özata Denizcilik and Gündoğdu Tarım and reveal how the companies were used in fraud and their relations with the AKP. Günaydın asked for a statement from the Minister of Justice Akın Gürlek about the insider trading investigation regarding Fatma Betül Sayan Kaya.