Former Minister of Family and Social Services Fatma Betül Sayan Kaya, who was involved in the 'fund' profiteering in the capital markets, testified as a suspect at Istanbul Çağlayan Courthouse within the scope of allegations regarding fund investments.
Kubilay Gülbek, the writer of the Türkiye newspaper within the close-to-government İhlas Media, conveyed the allegations regarding the information and documents in the investigation file in his column dated today (October 9).
Stating that Kaya denied the allegations against him, stating that he made his stock market investments of his own free will, without any help, Gülbek stated that Kaya and his wife's relationships with the people accused of fund fraud were reflected in HTS records, and face-to-face meetings and meetings in public areas were also included in the investigation file.
Gülbek said, "According to this information and documents, it can be clearly seen that Kaya and his wife committed the crime of Insider Trading in the stock market. The relationship that the Kaya couple, who are alleged to have manipulated the stock market by using inside information of a company that has not been disclosed to the public and that can affect the share price, has established with fund fraudsters is clearly seen in the statements."
In the article, the question of how Fatma Betül Sayan Kaya and her husband, who allegedly decided to leave the fund in September 2026 and encountered problems regarding the sale of fund shares in this process, found the solution regarding the sale of fund shares was answered. Accordingly, the Kaya family put the securities in its possession up for sale, undervaluing them. According to Gülbek's statements to the prosecutor's office, his statement is as follows:
"According to the information provided by the prosecutor's office, the fund fraudsters came to Kaya's aid here as well. Allegedly, the value of the securities held by the Kaya family was understated and offered for sale. By creating the perception for the buyers that the fund papers would rise in a short time and that they were sold below the official figure, thousands of lots of shares belonging to the maritime company were transferred to the accounts of their new victims in one fell swoop. In fact, with this game, the small saver was defrauded for the second time."
WHY WAS THE FULL PROFIT NOT RETURNED?
In his article, Gülbek also included the question mark about Fatma Betül Sayan Kaya's return of what she had obtained unjustly, after waiting for days. Reminding that he had to pay twice the profit he made according to the CMB Law, Gülbek wrote the following regarding the refunded amount:
"Kaya's deposit of the profit he made as a result of his transactions to the banks designated by SDIF was accepted as a sign of good faith. So why did Kaya deposit the principal and not twice his profit? The answer to this question is hidden in the official letter written by the prosecutor's office to the CMB. The prosecutor's office, which warned the CMB with an official letter to file a criminal complaint against people who made fraudulent profits, did not receive a response to this warning. Kaya, who took advantage of this, deposited the money obtained from the profit before the criminal complaint and avoided the penalty. He aimed to be saved and also showed good will..."
