Fund crisis assessment from Gökan Zeybek: Official data contradicts Şimşek

Making evaluations regarding the fund crisis, NEW Party Istanbul Deputy Gökan Zeybek evaluated the current crisis with numerical data.

Recalling the statements of Treasury and Finance Minister Mehmet Şimşek on September 18 that "there is no structural problem in the system and the crisis is caused by a limited number of funds", Zeybek stated that official data contradicts Minister Şimşek's statements.

Zeybek wrote:

"Regarding the fund crisis that has been eyeing people's pockets in recent days... In other words, the biggest financial "slap" in Türkiye's history that took place under the rule of this dark order!

So, what is the size of the bill that may be incurred to the public?

That's the real question!

Let's go back to September 18th... Minister of Treasury and Finance Mehmet Şimşek said on September 18th that there is currently no problem in the savings financing system.

In the same publication, he stated that what happened was due to credit and liquidity problems in a limited number of funds and that "there is no structural problem in the stock market and fund market." (NTV broadcast)

The official table before us today is as follows:

7 portfolio management companies.

131 funds to be liquidated.

455 thousand 758 unique investors.

Let's continue…

The total portfolio size of the funds within the scope of liquidation is approximately 891 billion TL.

How much of these assets can be converted into cash at their real value at the end of the liquidation?

For example, in the portfolio of 891 billion TL:

20% loss of value → 178.2 billion TL

30% loss of value → 267.3 billion TL

40% loss of value → 356.4 billion TL

50% loss of value → means 445.5 billion TL investor deficit.

Assuming that the liquidation loss in the portfolio of 891 billion TL is between 20-30% and the state completely assumes the investor deficit:

A gross public risk of between 178-267 billion TL may arise.

If you apply the approximate collection rate in 2001 only as a mechanical comparison, a burden of approximately 116-175 billion TL may remain.

There are 455 thousand 758 investors.

There is a portfolio size of around 891 billion TL.

There have been known unusual price movements since the last quarter of 2025.

There is CMB.

Borsa Istanbul has a surveillance system.

There is an Audit and Oversight Board.

There is an Audit Committee.

There is a Committee for Early Detection of Risk.

There is the Financial Stability Committee.

Now, the issue that the public is waiting for an answer to is this:

Who saw what and when?

Which institution did what?

Which measure was delayed and why?

How many liras will be returned at the end of the liquidation?

And most importantly, how much of the resulting bill will be left to the investors and how much to the public?

All of these questions must be clarified, name by name and institution by institution.

On the other hand, as of September 23, 2026, there is no decision in public official sources indicating that SDIF has been appointed as trustee to the companies mentioned in the current fund investigation.

Factories are closing.

Industrialists and business people are bleeding. He cannot pay his interest, cannot repay his debts, and has difficulty keeping production afloat.

But there is no end to those who come from the youth branches of the government and "slap" these people!"