New developments in the fund investigation in Türkiye: Data request from MASAK

There are new developments regarding the fund investigation that closely concerns the financial markets in Turkey. In the memorandum sent by the Istanbul Chief Public Prosecutor's Office to MASAK, it was requested to provide financial data regarding the managers of the companies within the scope of the investigation.

FINANCIAL DATA WAS REQUESTED FROM MASAK

In the memorandum sent by the Istanbul Chief Public Prosecutor's Office to MASAK on September 17; It was requested to provide financial data regarding Pusula Finans Holding AŞ, Tera Yatırım Menkul Değerler AŞ, Hedef Holding AŞ and Bulls Yatırım Menkul Değerler AŞ and the managers working in the subsidiaries of these companies.

While 19 suspects who were detained within the scope of the investigation and referred to the Istanbul Courthouse in Çağlayan were arrested, 2 suspects were released on condition of judicial control.

8 more suspects were detained within the scope of the ongoing investigation. An arrest warrant was issued for 6 of these suspects. Thus, the number of people arrested within the scope of the investigation increased to 56.

CRITICAL MEETING IN ANKARA

While developments regarding the fund investigation continued, President Recep Tayyip Erdoğan met with the economic management and the heads of regulatory and supervisory institutions.

Vice President Cevdet Yılmaz, Minister of Treasury and Finance Mehmet Şimşek, heads of Borsa Istanbul, Capital Markets Board (CMB) and Banking Regulation and Supervision Agency (BDDK) attended the meeting in Ankara.