Former minister Kaya and former CMB executive Usca were arrested this week in the fund investigation: Fund squabble within AKP!
Minister of Justice Gürlek stated the existence of the network that infiltrated the state order; The former CMB chairman and institution managers were also arrested within the scope of the investigation.
Quick Look
- The fund investigation launched by the Istanbul Chief Public Prosecutor's Office in August extended to the world of politics and administration this week.
- Minister of Justice Akın Gürlek stated that an organized criminal structure that infiltrated the state order was detected.
- Former Minister of Family and Social Policies Fatma Betül Sayan Kaya was arrested on charges of violating the Capital Markets Law and membership in a criminal organization.
AI-generated summary
Why It Matters
The fund investigation, which was launched by the Istanbul Chief Public Prosecutor's Office in August, extended to the public and political side this week. Minister of Justice Akın Gürlek stated in his statement on November 3 that the incident was not a simple stock market transaction and that an organized criminal structure that infiltrated the state order was detected.
The fund investigation, which was initiated by the Istanbul Chief Public Prosecutor's Office in August, extended to the public and political side this week. Prominent figures from the world of politics and administration were arrested this week in the investigation.
MINISTRY USED THE DEFINITION 'LEAKED NETWORK'
Minister of Justice Akın Gürlek stated in his statement on November 3 that the incident was not a simple stock market transaction and that an organized criminal structure that infiltrated the state order was detected.
In the Minister's statement; "It has been determined that the structure we are faced with is not limited to simple stock market manipulation or stock market profiteering, but a comprehensive criminal structure. The existence of the network that has infiltrated our high-level control mechanisms has become quite evident as of today, and those responsible have begun to be brought to justice one by one."
Gürlek announced that there were 433 suspects in the investigation, 112 people were arrested, judicial control was carried out on 186 people and 38 suspects were sought. The Minister also reported that the assets of 359 real persons and 111 legal entities were seized, and approximately 30 billion lira worth of assets were taken back through the Savings Deposit Insurance Fund.
AKP'S TAYYAR RAISED HANDS
Former AKP MP Şamil Tayyar shared the records of the investigation on social media on the same day and wrote that 141 real persons and 73 legal entities who earned more than 100 million lira were identified. Tayyar called on the authorities to explain the list in order to end the rumors that mention the names of members of parliament and members of the judiciary.
FORMER MINISTER KAYA WAS ARRESTED
As part of the investigation, on November 5, former Minister of Family and Social Policies Fatma Betül Sayan Kaya was summoned to Istanbul Çağlayan Courthouse to testify for the second time. After the prosecutor's interrogation, Kaya was referred to the court on charges of "violation of the Capital Markets Law" and "membership of a criminal organization" and was arrested. Her husband İlyas Kaya and former CMB Chairman İbrahim Ömer Gönül, who testified as suspects on the same day, were released on the condition that they were banned from leaving the country and signed at the police station.
SHARING FROM THE MINISTER WITH ERDOĞAN!
While Kaya's court proceedings were continuing, Minister Gürlek made a noteworthy post. Minister Gürlek published a video about President Recep Tayyip Erdoğan on his social media account and said; "We move forward by being renewed! We are always reborn. We say goodbye to those who make mistakes and succumb to their own desires, and we continue on our way stronger," he said.
He also used the hashtag "Our stance is clear" in his post. On the same day, while the prosecutor's office interrogations were continuing, a separate investigation was launched by the Chief Public Prosecutor's Office for the crime of openly spreading misleading information to the public, following posts made on the public network requesting judicial review of the suspects.
'INTERROGATION OF THOSE RESPONSIBLE' FROM AKP MEMBER
Former MP Şamil Tayyar described Kaya's arrest as the deepest decision in the investigation in his posts on November 6. Tayyar criticized the release of former CMB Chairman Gönül under judicial supervision and argued that the responsibility of those who manage the supervisory institutions should be questioned.
INSTITUTION MANAGERS WERE ARRESTED
As a continuation of the judicial process, 6 suspects who were detained on November 3 and whose security procedures were completed were taken to the courthouse. Following the interrogations, 4 people, including former CMB Deputy Chairman Enver Usca, former CMB Department Head Ercan Urkan and BRSA Department Head Mustafa Alper Taş, were arrested and sent to prison.
What to Watch
AI outlook — possibilities, not facts
More people may be arrested within the scope of the investigation and the scope of judicial control may expand.
Likely · Within weeks
A separate investigation for publishing false information could lead to legal action against social media posts.
Possible · Within weeks
Open Questions
- Which institutions and individuals will be fully listed as part of the investigation?
- How will the judicial review process be continued against former CMB President İbrahim Ömer Gönül and other released suspects?
- What are the scope and objectives of the separate investigation launched for publishing false information?







