Dear Minister,
Until yesterday, many very respected businessmen, experts, academicians, etc., which cost our country and nation 18-24 billion dollars. Some of the disguised robbers were arrested and an investigation was opened.
The early signs of this collapse were seen long before the collapse, at least 1.5 years ago. This information is not new to you. Because you were interested in a yacht worth millions of TL purchased by a manager of these fund companies on February 26, 2025, and you requested urgent attention from the CMB about the people and their activities that were imprisoned today.
According to experts, since there was no information received, you could not proceed directly to the operation phase without the CMB's official report, notification or investigation permission.
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At this point, my question is: Have you made a second or third request to the CMB for the report you are waiting for?
Did it catch your attention that CMB reported 1.5 years later in August 2026, or did it escape your attention because you were focusing on the IMM investigation?
I asked this question for this reason: It seems that the robbery reached 24 billion dollars in just this 1.5 years.
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During this period, it appears that the detained company executives gained time to purchase the $14.5 million super yacht, establish mechanisms to transfer the money abroad, and increase the size of the manipulation to billions of dollars.
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Although the CMB has the technological infrastructure (MKK and Takasbank data) to instantly see artificial price movements and the concentration of funds in shallow stocks, it keeps the investigation in the "technical phase" for 18 months by citing bureaucratic procedures, causing the market to ask "Is there negligence or was it turned a blind eye?" It rightly raised questions, experts say.
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Dear Minister,
Even if the statement made by the economic management after the crisis that "prosecutors' offices cannot take action ex officio without the CMB report" is true, this puts the blame for the delay directly on the CMB bureaucracy. If the board had submitted the report in 2025, the operation would have been performed earlier and the cost would have been reduced. There is a consensus among experts on this issue.
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Dear Minister,
Doesn't the 1.5 year delay show the rot in the system? Okay, you question the fund managers, but don't you consider taking action against those responsible for this system that leaves them free?
Thieves robbed the house, but aren't there assistants who left the doors of the house wide open for this robbery?
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Dear Minister,
Let's focus a little more:
CMB opened Closed Funds in July 2025. Some high-yield funds at the center of the crisis began trading on the TEFAS platform as of July 7, 2025. This situation paved the way for shallow and manipulated stocks to spread to the masses and robbery money to reach billions of dollars. Would you agree with this?
The official statement already says that manipulative businesses and unusual price movements will increase throughout 2025. Towards the end of the year, inflated price movements that do not match economic realities are detected in low shares.
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Dear Minister,
In November 2025, Minister of Treasury and Finance Mehmet Şimşek announced that very heavy sanctions would be imposed and new measures would be taken against these manipulative movements in the fund market. But he did nothing.
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Dear Minister,
I'm asking clearly: Shouldn't the CMB, stock exchange managers and Minister Mehmet Şimşek be invited to the prosecutor's office to provide information? The reasons for the 1.5-year delay and whether there are relationships between institutions and these bankrupt managers are a matter of social curiosity. Will there be a satisfactory answer to those who raise the issue that there must have been political connections in leaving the doors of robbery open for 1.5 years?
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Prosecutors are waiting for an investigation that will fully and completely satisfy 500 thousand investors and the entire nation, and reveal the robbery in all its dimensions.
Will this investigation look at the whole picture, or will we ease the conscience of the society a little by temporarily imprisoning those below, and then be released and return to the same old bathhouse?
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Or will the relevant officials from the ministry and communications see this article as a "misleading publication to the public" and try to impose unfair, unlawful and arbitrary restrictions on the article and my social media accounts?
These days, one after another, the latest Cumhuriyet writer and Prof. who founded the ENAG inflation calculation system and conveyed the real inflation to the public. Dr. Like Veysel Ulusoy's X account being blocked.
