
The İYİ Party delegation filed a criminal complaint against public officials who were allegedly negligent in the fund manipulation process.
AI-generated summary
The Minister of Treasury and Finance and the Chairman of the CMB announced to the public that there was fund manipulation in November 2025. The issue was put on the agenda of the Financial Stability Committee in December 2025.
The delegation consisting of İYİ Party Presidential Council members and deputies made a statement in front of the Capital Markets Board (CMB) regarding the fund fraud.
Speaking on behalf of the delegation, İYİ Party Deputy Chairman and Afyonkarahisar Deputy Hakan Şeref Olgun stated that they filed a criminal complaint against all public officials who were negligent or faulty in the process.
Olgun said, "Those who declared the manipulation in their own words in November 2025 and remained spectators for ten months, those who kept the warnings on the table and those who turned a blind eye to the growth of these structures should immediately resign from all duties and positions they hold or be dismissed, regardless of whether they are in power or partners in power."
'THE DANGER WAS KNOWN'
Stating that the Minister of Treasury and Finance Mehmet Şimşek and the then CMB Chairman stated publicly that there was manipulation on some funds in November 2025, Olgun said that the issue was put on the agenda of the Financial Stability Committee in December 2025 and a working group was established within the CMB.
On the other hand, Olgun argued that the comprehensive regulation was made only on August 28, 2026, and noted that the size of the funds within the scope of liquidation increased from 297 billion lira to 822 billion lira in the approximately ten months that passed.
Olgun said, "In other words, the government, which claims to know about the manipulation, has watched the number of victims and damage grow exponentially. The fact that an administration that saw the fire but called the fire brigade ten months later today says 'necessary steps have been taken' finds no response in the public conscience."
Arguing that the information reflected to the public shows that the problem cannot be explained only by the personal misconduct of a few fund managers, Olgun claimed that politicians close to the government were also involved.
Olgun drew attention to large positions concentrated in stocks with low actual circulation rates and price movements that cannot be explained by the companies' basic financial indicators.
AI outlook — possibilities, not facts
Initiating legal proceedings against public officials who are alleged to have been negligent.
Likely · Within months
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