CMB completed its Odine investigation: Criminal complaint against 21 people

The Capital Markets Board (CMB) has completed its review of the transactions carried out in the Odine Solutions Technology Trade and Industry Inc. (ODINE) share market.

According to the decision included in the CMB's weekly bulletin, it was decided to file a criminal complaint within the scope of Article 107/1 of the Capital Markets Law against 21 people who were considered to be responsible for the transactions in the ODINE share market.

The article in question regulates transactions carried out with the aim of creating a false or misleading impression about the prices, price changes, supply and demand of capital market instruments.

CRIMINAL COMPLAINT ABOUT 21 NAMES

The people on whom the CMB decided to file a criminal complaint are as follows:

Mehmet Selim Tunçbilek, Adem Karatepe, Rüstem Karakaya, Ali Cesur, Ayşe Seher Aydın, Enes Yazıcı, Feryal Köker, Müjdat Ede, Nilgül Sarıçalı, Oğuzhan Özerkaya, Onur Göğebakan, Orçun Berkay Kaya, Ahmet Özcan, Halil İbrahim Ege, Muhammed Yarız, Sezai Bekgöz, Ahmet Haluk Güner, Yasemin Yılmaz, Burak Poyraz, Cengiz Avcı and Erdem Özkan.

ENTIRE 2 YEAR TRANSACTION BAN

The Board also decided to impose a 2-year trading ban on all 21 people against whom a criminal complaint was filed in Borsa Istanbul and other organized markets.

It was stated that the decision was taken within the scope of Article 101 of the Capital Markets Law and the Communiqué on Measures to be Applied in Information Abuse and Market Fraud Investigations.

LICENSES OF 16 PEOPLE WERE CANCELLED

CMB also decided to cancel all capital market licenses held by 16 of the 21 people during the transaction ban period.

The names whose licenses were canceled are as follows:

Mehmet Selim Tunçbilek, Adem Karatepe, Ali Cesur, Ayşe Seher Aydın, Enes Yazıcı, Feryal Köker, Müjdat Ede, Nilgül Sarıçalı, Oğuzhan Özerkaya, Onur Göğebakan, Orçun Berkay Kaya, Ahmet Özcan, Sezai Bekgöz, Yasemin Yılmaz, Burak Poyraz and Erdem Özkan.

Accordingly, while Rüstem Karakaya, Halil İbrahim Ege, Muhammed Yarız, Ahmet Haluk Güner and Cengiz Avcı were included in the criminal complaint and transaction ban decision, they were not on the license cancellation list.

SOME NAMES HAVE BEEN CURED BEFORE IN INVESTIGATIONS

Some of the names in the CMB's ODINE decision had previously come to the fore within the scope of the investigations carried out by the Istanbul Chief Public Prosecutor's Office regarding capital market transactions.

Ayşe Seher Aydın, Enes Yazıcı, Feryal Köker, Müjdat Ede, Oğuzhan Özerkaya, Onur Göğebakan, Orçun Berkay Kaya and Ahmet Özcan were among the names arrested in previous investigations.

Adem Karatepe was also arrested within the scope of another capital markets investigation carried out at the beginning of October.