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BackHow much was paid in fund liquidation? Directorate of Communications announced
How much was paid in fund liquidation? Directorate of Communications announced
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Cumhuriyet18 minutes agoBusiness1 min readTürkiyeView original

How much was paid in fund liquidation? Directorate of Communications announced

Payments were made to 444 thousand 893 investors in 119 funds; Those who made unfair profits were excluded from the scope.

Quick Look

  • The Directorate of Communications announced that 161 billion TL was paid to 444 thousand 893 investors in 119 funds in the liquidation process.
  • While 333 thousand 493 investors collected all their receivables, those who made unfair profits were excluded from the scope of payment.

AI-generated summary

Why It Matters

Fund liquidation processes are carried out within the framework of Law No. 7596 dated October 22, 2026.

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The Directorate of Communications announced that a total of approximately 161 billion TL of in-kind and cash payments were made to 444 thousand 893 individual investors in 119 funds within the scope of ordinary and extraordinary liquidation processes. According to the statement, 333 thousand 493 of the investors received the entire net investment amount as interim payment.

In the statement made after the 10th Fund Coordination Board Meeting held under the chairmanship of the Vice President, information was given about the latest situation in the liquidation process and the steps to be taken in the coming period.

PAYMENT OF 161 BILLION TL WAS MADE

In the statement made by the Directorate of Communications, it was reminded that the first interim payments in the funds subject to extraordinary liquidation began to be deposited into the investors' accounts as of October 30, 2026.

In the process carried out in line with the Law No. 7596 dated October 22, 2026 and the decision of the Capital Markets Board dated October 27, 2026, approximately 161 billion TL was paid to 444 thousand 893 individual investors in a total of 119 funds as of November 13.

333 thousand 493 of these investors received their entire net investment amount within the scope of interim payment.

THOSE WHO OBTAIN UNFAIR PROFITS ARE OUT OF THE SCOPE OF PAYMENT

In the statement, it was stated that the inspections of relevant institutions, especially the Ministry of Justice, Savings Deposit Insurance Fund (TMSF) and Financial Crimes Investigation Board (MASAK), are continuing.

It was reported that the legal processes of those who were found to have gained unfair and exorbitant profits by engaging in market-distorting activities are continuing, and these people are excluded from the scope of interim payment.

The Directorate of Communications announced that interim payments will continue to ensure that as many investors as possible receive payments, and that new payments will be made in the coming period under the coordination of the institutions responsible for liquidation.

What to Watch

AI outlook — possibilities, not facts

  • Making new payments

    Very likely · Within months

Open Questions

  • When will the liquidation process be fully concluded?
  • What are the details of the legal processes against those who make unfair profits?

Related Topics

This article was originally published by Cumhuriyet.

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