
AI-generated summary
While transactions on earthquake insurance funds and Türk Reasürans were on the agenda in Türkiye, Ümit Özlale brought up a claim of damage in DASK resources.
NEW Party Izmir Deputy Ümit Özlale brought up the allegations regarding the resources of Turkish Reinsurance and Natural Disaster Insurance Institution (DASK) on his social media account. Özlale, “Did the earthquake assurance funds melt away?” He stated the following in his post titled:
“While the Türkiye Sigorta scandal is being discussed, there is another file waiting for an answer in the insurance industry: There are very serious allegations that Türk Reasürans and the resources of DASK, of which it is the technical operator, suffered losses of approximately 10 billion TL due to transactions related to Q Investment Bank and Allbatross.
It is claimed that an investigation report on the subject is kept in SEDDK.
Here we ask:
Is the claim of loss of approximately 10 billion TL true? In which transactions and by whose decision were DASK and Türk Reinsurance resources evaluated? What inspections did these transactions undergo? Has an inspection report been prepared? If it was prepared, what findings were obtained and what action was taken?
If the claim is not true, refute it with documentation. If true, describe the loss, those responsible, and the actions taken. "We are waiting for an answer about the citizens' earthquake assurance."
AI outlook — possibilities, not facts
An investigation report regarding DASK and Turkish Reinsurance transactions will be prepared by SEDDK and shared with the public.
Likely · Within weeks

Minister of Commerce Ömer Bolat announced that 80 million lira cash support will be provided to meet the urgent needs of tradesmen affected by the flood caused by the rains recorded as the heaviest rain in 84 years in Istanbul on October 14-15. The support will be sent to the Istanbul Governorship on Monday, October 19, via TESKOMB, and will be delivered to the affected tradesmen under the coordination of the Governorship.
Minister of Commerce Ömer Bolat announced that 80 million lira cash support will be provided to meet the urgent needs of the tradesmen affected by the flood disaster in Istanbul on October 14-15, which caused the heaviest rainfall in 84 years. The support will be sent to the Istanbul Governorship on Monday, October 19, via TESKOMB, and will be distributed under the coordination of the Governorship.

Minister of Commerce Ömer Bolat announced that 80 million TL cash support will be provided to meet the urgent needs of tradesmen affected by the flood caused by the rains that occurred in Istanbul on October 14-15, which was recorded as the heaviest rain in 84 years. The support will be sent to the Istanbul Governorship on Monday, October 19, via TESKOMB, and will be delivered to the affected tradesmen under the coordination of the Governorship.
According to US Treasury Department data, China's US government bonds reserves decreased by 27.3 billion dollars in August compared to the previous month, reaching 590.7 billion dollars. While Japan sold bonds, the UK bought and increased the US debt in reserve to 1.01 trillion dollars.

Takasbank clarified the claims made through TPP transactions and TEFAS. He stated that TPP is an organized money market, it is secured and there is no default. He also announced that the allegations that the TLY fund was traded in TEFAS without CMB approval did not reflect the truth, and that the fund was opened for transaction on July 7, 2025, closed on August 1, and reopened on August 12.
Takasbank announced that TPP transactions were secured and there was no default. He stated that the allegations that the TLY fund was traded in TEFAS without CMB approval did not reflect the truth and emphasized that the markets continued their normal functioning.