'Voluntary refund' statement from SDIF

SDIF's announcement regarding voluntary refund transactions was published on the fund's website.

The following statements were included in the announcement:

"The process regarding the liquidated investment funds has been carried out from the beginning with clear criteria that are determined not by individuals, but by the exorbitant profits obtained, and are applied equally to everyone. In this context, primarily, an investigation has been initiated against all investors who have obtained exorbitant profits over a certain amount from suspicious transactions in the liquidated funds, and a voluntary return invitation has been made to these people and continues to be done."

In the announcement, it was emphasized that the process was not limited to funds only, and that a significant part of the money in the funds was directed to certain shares and some of the actual earnings were obtained through these shares.

For this reason, the announcement underlined that the same criteria are applied to the shares in which the funds invest heavily, and said, "An investigation has been initiated and a voluntary refund is invited for anyone who has made exorbitant profits above a certain figure (adjusted for inflation) primarily from suspicious transactions in these shares, regardless of whether they have an investment in the fund or not. Thus, the exorbitant earnings generated at every point where the money of the funds flows are included. The process for the detection and voluntary return of the exorbitant profits obtained from the funds and shares in connection with the funds is aimed at determining whether the persons are guilty or not." "It does not express a final verdict that he is not guilty." It was said.

"In cases where manipulation or another crime is detected, the judicial process operates separately and independently." In the announcement, the following was noted:

"In the process, high profit thresholds will be reduced step by step and the scope will be expanded, and anyone who earns exorbitant profits at the expense of small investors will be evaluated with the same criteria. As a result of these steps, 31.6 billion liras have been collected so far through the voluntary refund process. In addition, within the scope of the investigations, asset measures are also implemented against the suspects to be used in compensating the financial losses experienced in the funds."