1 Million TL and Fast Payment Formula on the Agenda for Fund Victims

Serdar HocamAuthor & Editor

Alternative solutions to resolve the losses of fund victims were discussed at a meeting held by the economic bureaucracy.

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Fon mağdurları için 1 milyon TL formülü

The economic bureaucracy, gathered under the chairmanship of President Recep Tayyip Erdoğan, evaluated solution options to address the grievances of fund victims and planned a fast payment formula for amounts under 1 million TL.

New Search for Solutions by the Economic Bureaucracy

The economic bureaucracy, coming together under the chairmanship of President Recep Tayyip Erdoğan, evaluated solution options regarding the situation of fund victims.

Priority for Investors Under 1 Million TL

According to the plans made, it is aimed to make payments quickly to investors with less than 1 million TL, and it is being considered to give priority to investors in money market funds.

Search for Resources for Payments

It is stated that the realization of the payments is planned to use the collaterals in Takasbank and the resources invested by the funds in government domestic debt securities.

Funds That May Be Removed from the Liquidation List

Following the notification by Bulls Portföy 15, Pardus Portföy 42, and A1 Capital Portföy 9 funds that they can pay their investors' money, it came to the agenda that these funds be removed from the liquidation list.

New Meeting to Be Held on Tuesday

It was stated that no definitive decision has yet been made regarding the banks of the fund managers, and a new meeting to discuss the details of the issue will be held on Tuesday.

Assets of Suspects Confiscated

Minister of Justice Akın Gürlek announced to the public that the assets of all suspects within the scope of the ongoing fund investigation have been confiscated.