Capital market investigation in Istanbul: 20 suspects were referred to the courthouse
20 suspects, including Tera Yatırım and Doğa Sigorta executives, were sent to the courthouse within the scope of the market fraud investigation.
Quick Look
In the market fraud investigation carried out by the Istanbul Chief Public Prosecutor's Office, 20 suspects, including Tera Yatırım and Doğa Sigorta managers, were referred to the Istanbul Courthouse in Çağlayan after their procedures at the police station.
AI-generated summary
Why It Matters
Istanbul Chief Public Prosecutor's Office is conducting a market fraud investigation regarding transactions carried out in the capital market.
Investigations regarding the transactions carried out in the capital market are continuing by the Istanbul Chief Public Prosecutor's Office, Terrorism Financing and Laundering Crimes Investigation Bureau.
Tera Investment Board members Bülent Uygun, Abdulkadir Özkan, Doğa Sigorta Chairman Nihat Kırmızı and 17 suspects caught within the scope of market fraud in Katılımevim Tasarruf Finansman AŞ (KTLEV), who were detained within the scope of the investigation, were completed at the Financial Crimes Department of the Istanbul Police Department.
20 suspects who underwent a health check were sent to the Istanbul Courthouse in Çağlayan.
In the memorandum sent by the Istanbul Chief Public Prosecutor's Office to MASAK on September 17, it was requested to provide financial data regarding the managers of Pusula Finans Holding AŞ, Tera Yatırım Menkul Değerler AŞ, Hedef Holding AŞ and Bulls Yatırım Menkul Değerler AŞ and their subsidiaries.
It was requested that the clear identity information of all managers of the companies be determined, and that their money and crypto asset transfers abroad since 2024, as well as all money inflows and outflows, be sent to the Chief Public Prosecutor's Office in raw data.
In the investigation carried out by the Istanbul Chief Public Prosecutor's Office, Terrorism Financing and Laundering Crimes Investigation Bureau, Tera Yatırım Holding Chairman of the Board of Directors Emre Tezmen, Tera Yatırım Holding Board Member Emre Alkin, Tera Yatırım Independent Board Member Kerem Alkin, Tera Portföy General Manager Alper Öztürk and Pusula Holding Chairman of the Board Serdar Turhan were detained.
Police teams had searched the office rooms of the suspects Emre Tezmen and Alper Öztürk.
Doğa Sigorta Chairman Nihat Kırmızı, Tera Yatırım Board members Bülent Uygun, Abdulkadir Özkan and Selim Dağbaşı and Hamza Kablan were also detained.
14 more people were caught within the scope of the investigation.
Emre Tezmen, Emre Alkin, Kerem Alkin, Alper Öztürk and Serdar Turhan, who were referred to the courthouse after their procedures at the police station, were arrested. As part of the investigation, suspects Muhammed Yarız, Namık Kemal Gökalp, Altunç Kumova and İbrahim Bekçi were previously arrested.
Enver Çevik and Kemal Akkaya, who were detained within the scope of the investigations, were released after their statements at the prosecutor's office.
What to Watch
AI outlook — possibilities, not facts
Clarification of the court process and the detention status of the suspects.
Very likely · Within days
Open Questions
- Which companies will be penalized as a result of the investigation?
- What is the amount of assets transferred abroad?
