What is the latest situation in the fund markets? At what stage is the regulation to increase the welfare of retirees? What will be the impact of COP31 decisions on the development policies of countries? Vice President Cevdet Yılmaz makes a statement on TRT News live broadcast.
Highlights from the statements of Vice President Cevdet Yılmaz:
COP31 is an organization we are proud of. 2026 was the peak year in Türkiye. We placed a very strong emphasis on the common problems of humanity. Antalya COP will go down in history.
FUND LIQUIDATION PROCESS
The State Supervisory Board is currently on site. It examines all these institutions with a significant number of inspectors and auditors. When responsible bureaucrats are identified, investigation processes are initiated regarding them. That dimension related to the judicial process is also important, I will come to that. But this control dimension primarily involves examining the institutions. Of course, institutions do not commit crimes, neither do those who manage the institutions or the bureaucrats, employees, or experts within them. Of course, we prefer everyone else, don't get me wrong. These institutions are the institutions of this state, but if there are those who make mistakes within them, identifying them, investigating them and receiving the response they deserve is also a natural part of this process. This is the size of the State Supervisory Board. Secondly, the Fund Coordination Board was established upon the instructions of our President and I am its chairman. We have the Ministry of Justice and the Ministry of Finance and Treasury. They have relevant, related institutions, the main actors of the financial market, and there are participants depending on the agenda. Therefore, we have been operating this Fund Coordination Board very effectively since its inception. We held its 10th meeting the other day, we held it on Friday.
Apart from this, more specific sub-working groups, the work carried out by each of our ministries, the teams formed by the assignments we made in various fields, all of these have been working intensively since then, and in the current process, the judicial dimension is on our agenda in a very comprehensive way and all together. We'll get into the numbers in a moment. An extremely comprehensive, in-depth and effective judicial process is also in progress. Our judicial institutions, especially our Istanbul Chief Public Prosecutor's Office, are doing their part very effectively in this process.
Making payments in an equitable and rule-based manner is an approach that our Fund Coordination Board greatly observes.
"NO SINGLE PENNY WAS PAID FROM THE TREASURY"
Later, we prepared a law and, with the discretion of our parliament, this law became law. We foresee the following in this law. Another fundamental principle of ours is to make payments up to 1 million TL, especially to investors in money market funds and small investors, not to use resources from the budget while making these payments, to evaluate the assets in these funds and to take back the resources from people who have made unfair profits and exorbitant profits in this process, and to cover the rights of negatively affected investors. Another issue we are very sensitive about is this. Not to confuse abusers, manipulators and investors. You should not mix the wheat with the chaff. It's like a disease. We are currently dealing with a disease in the financial market, let's say a microbial structure. While treating or interfering with this, we should not harm the body.
161 BILLION LIRA PAYMENT WAS MADE
The law of 131 funds is different. Therefore, we opened a separate account for each of them. These processes are carried out separately. Everything is recorded. Whoever did what from the beginning until today, who entered the system when, who left the system, how much they deposited, how much they exited, of course hundreds of thousands of people and who knows how many transactions each of them made. All this is in the state's records. There is nothing illegal here. We made 161 billion payments as of last Friday. Payment in kind and cash. Not a single penny was made here from the state treasury. Voluntary returns in funds reached 33.4 billion lira.
The receivables of 55 thousand 821 investors were paid. 68 billion TL was paid to investors in 97 funds of 4 companies. As of Friday, as of Friday night, we have made payments to 415,955 unique investors after these payments were made. The receivables of 337 thousand 56 individual investors were fully paid. There are 84,737 people left in the system right now. In terms of interim payments, there are currently 84,737 people in the system. Some of them will not get it. Those who have earned exorbitant income, gained unfair advantage, or have legal problems will not be able to receive it. Again, those with zero net investment amount will not be able to receive it. We will make our final payment to everyone else. We continue our preparations in this regard.
