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BackMajor Financial Robbery and Fund Investigation in Türkiye
Major Financial Robbery and Fund Investigation in Türkiye
Developing
Cumhuriyet1 hour agoPolitics3 min readTürkiyeView original

Major Financial Robbery and Fund Investigation in Türkiye

Developments in the bankrupt fund heist involving the names of former ministers and AKP executives

Quick Look

While politics and bureaucracy connections are being discussed in the bad fund scandal, which is described as one of Türkiye's biggest financial robberies, developments regarding the assets of Fatma Hanım and other names continue.

AI-generated summary

Why It Matters

Investigations and discussions about political connections regarding the sunk funds, which are described as a major financial robbery in the country, continue.

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The country is experiencing its biggest financial robbery. Former minister and AKP vice president was caught. At the beginning of the week, I wrote about who he received investment advice from and who told him it was time to exit the fund. Profit 12.2 billion TL.

It may be true that this suggestion came to him from the robber fund/holding managers, but it may also be true that it was made by high-level state and party officials with whom these robbers had relationships. In any case, these are the two main possibilities.

Based on this, the team that stole people's money did a good job for high-ranking people to gain immunity for their theft, and they offered very good and abundant money-making opportunities. Didn't Tezmen already say on the first day that our local and national capital was under attack by foreign forces... This message was directed at the "high-level" people they offered opportunities to.

But the septic tank burst and its contents began to flow out.

***

Ms. Fatma is not alone! He can borrow this slogan from us and shout it out, and we will give him endless support!

“Just me?” can also say.

Yes, he is not alone. But the whole incident and the dishonorable situation remained on him and he was politically and morally nullified. He can say that he is not alone and can lighten his moral burden by sharing it.

***

(It is also claimed, which is unknown, that there were large land and hotel investments around Dalaman and that more than 60 people were appointed as private secretaries and made civil servants without examination. If not, please refute these. If it is true, who are they, who suggested them, is there any other give-and-take relationship here, it would be better if it was explained, whether turning the state into a roadside inn is a method implemented by the government, we do not know.)

***

Somehow, it was announced that an account was opened for those who had large investments in bankrupt theft funds, saying, "Come, invest the extra billions you have received here, and be saved." Thus, a back door of secrecy is opened for those in politics and bureaucracy who invest large sums of money into these funds, deposit the money and slip out through the back door, there is no investigation...

***

An investigation has not been opened against Fatma Hanım yet. It was announced that only their assets were frozen. This does not mean that an investigation will be launched. As a matter of fact, the decision to freeze the assets of the young son of prominent AKP member Hayati Yazıcı was lifted. However, it is claimed that he invested in funds worth 600 million, and moreover, he was given digital banking permission (Adil Katılım Bankası). The measures were lifted from all 4 founding partners of the bank at the same time. We do not know whether the investment claims in sunk funds have been questioned. His father announced his own judicial decision, saying that his son would not do such things!

***

Former CMB Chairman Ömer Gönül, who is under investigation, explains the unprecedented growth of bad funds as "the great favor of the nation" to us idiots.

But for now, those being investigated are mainly companies, holdings, etc. managers.

However, all signs show that it is impossible for these profiteers to achieve such growth without a certain amount of involvement with bureaucracy and politics.

***

Considering the Istanbul AKP MP's statement that a major cleansing call should be made in the party and bureaucracy, and the AKP supporters calling it "the Trojan horse within us", the conviction that the investigation will continue in a multi-dimensional way is weakened.

The matter seems likely to be finished by sacrificing Ms. Fatma and punishing the company and its managers.

***

It seems that the loss of 20 billion dollars will remain in the hands of the nation, disregarding the country's growth and the damage to other financial institutions.

Hundreds of thousands of innocent small investors will be compensated for their losses by paying their principal amount of up to 1 million, perhaps plus normal interest, and they will be given the impression that there is no harm. Of course you should pay.

***

Well, the board, the management has a plan, program, etc. to catch the hundreds of billions smuggled in and out of these funds. is there?

What to Watch

AI outlook — possibilities, not facts

  • It is expected that the investigation will be limited to Fatma Hanım and company managers.

    Likely · Within weeks

Open Questions

  • Is there a plan to catch the hundreds of billions smuggled in and out?
  • Will an official investigation be opened against Fatma Hanım?

Related Topics

This article was originally published by Cumhuriyet.

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