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Back|Breaking news... Statement from Vice President Cevdet Yılmaz regarding the fund investigation: Not a single lira was used from the budget
Breaking news... Statement from Vice President Cevdet Yılmaz regarding the fund investigation: Not a single lira was used from the budget
Developing
Hürriyet Gündem·10 minutes ago·Politics·2 min read·🇹🇷Türkiye·

Breaking news... Statement from Vice President Cevdet Yılmaz regarding the fund investigation: Not a single lira was used from the budget

Highlights from Vice President Cevdet Yılmaz's statements on TRT News

Quick Look

Vice President Cevdet Yılmaz announced that the world's environmental agenda was shaped in Türkiye with COP31 held in Antalya, the Fund liquidation process was rapid and 123 people were arrested, 466 suspects and the assets of 124 people were frozen.

AI-generated summary

Why It Matters

COP31 is being held in Antalya, the leaders' part has been completed, but technical negotiations continue until November 20. The fund liquidation process is proceeding rapidly, and the State Supervisory Board continues its investigation in the field. 161 billion liras were paid, not a single lira from the budget was used for fund payments, the total refund amount reached 33.4 billion TL. The receivables of 55 thousand 821 investors were paid and 444 thousand 987 individual investors were paid. In the fund investigation, 123 people were arrested, 466 suspects were found and the assets of 124 people were frozen. CMB will complete its manipulation investigation by the end of this month.

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COP31

We placed a strong emphasis on the common problems of humanity at COP31 held in Antalya. As you know, the leaders' part has been completed, but technical negotiations continue in Antalya with activities until November 20. The world's environmental agenda is being shaped in Türkiye.

FUND LIQUIDATION

The liquidation process of the funds is proceeding rapidly. The State Supervisory Board continues its investigation in the field. The Fund Coordination Board is working. If there are any wrongdoers within the institutions, they are identified. The judicial process is ongoing. An extremely comprehensive, in-depth and effective judicial process is being carried out. 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. We paid 161 billion liras, and so far not a single lira from the budget has been used for interim payments in fund payments. The total refund amount in the funds reached 33.4 billion TL as of Friday. The receivables of 55 thousand 821 investors were paid. Payments were made to 444 thousand 987 unique investors. The receivables of 337 thousand 56 individual investors were fully paid. Interim payments have been largely completed. We will complete the process by making a final payment to those who cannot receive payment.

In the fund investigation, 123 people were arrested, 466 suspects were found and the assets of 124 people were frozen. CMB will complete its manipulation investigation by the end of this month. With the new law on the capital market, sanctions will increase and penalties will become harsher.

What to Watch

AI outlook — possibilities, not facts

  • The CMB manipulation investigation will be completed by the end of this month.

    Very likely · Within weeks

  • With the new law on the capital market, sanctions will increase and penalties will become harsher.

    Likely · Within months

Open Questions

  • ?When will the results of the CMB manipulation research be announced?
  • ?When will the new capital markets law come into force?
  • ?When will the final payment be made to those who have not received payment?

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This article was originally published by Hürriyet Gündem.

Quick Look

Vice President Cevdet Yılmaz announced that the world's environmental agenda was shaped in Türkiye with COP31 held in Antalya, the Fund liquidation process was rapid and 123 people were arrested, 466 suspects and the assets of 124 people were frozen.

AI-generated summary

Story signals

News tone
Neutral
Emotional intensity
High
News value
Moderate
Global impact
National
Urgency
Developing
Follow-up likelihood
Likely
Relevance window
Weeks

Source & Reliability

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Hürriyet Gündem
Source quality
Full
Published
10 minutes ago
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cop31
antalya
fund liquidation
cop31
Cevdet Yilmaz
State Supervisory Board
Fund Coordination Board
Istanbul Chief Public Prosecutor's Office
CMB
Antalya
Istanbul
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fund liquidation
judicial process
arrest
spk
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