401 Billion TL Outflow Investigation in Fund Probe
In the Istanbul Chief Public Prosecutor's Office's fund investigation, multibillion-capital movements during the first half of September have been placed under scrutiny over suspected information leaks.
Massive outflows totaling 401 billion 266 million liras from Tera and Pusula funds between September 1 and September 16, as part of the comprehensive fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, have begun to be examined in detail under suspicion of a "notified exit."
New Financial Data in the Investigation
New financial data has entered the case file of the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office. The process of recalling funds from individuals and entities previously determined to have obtained illicit gains from three separate funds is ongoing.
Date Range of Multibillion Outflows
Capital movements during the first half of September have been put under review by judicial authorities. According to data in the prepared file, a colossal amount of money flowed out through two major funds between September 1 and September 16.
Amount Withdrawn from Tera Fund
The total amount withdrawn from the Tera fund by 168 investors who pulled out 100 million TL and above was officially recorded as 335 billion 912 million 421 thousand 253 TL.
Money Movements in Pusula Fund
As for the Pusula fund, the total amount withdrawn by 272 investors who made exits of 50 million TL and above was calculated as 65 billion 354 million 370 thousand 489 TL.
Suspicion of Notified Exit Investigated
The high-value money movements that emerged have brought the suspicion of a "notified exit" to the agenda of the ongoing investigation. The prosecutor's office is investigating the timing of the investors and allegations of potential information leaks.
Investor Accounts Under Review
The Istanbul Chief Public Prosecutor's Office has placed the accounts of all investors who carried out high-value outflows from the funds in the first half of September under individual review.
Timing and Measures Being Examined
Whether investors exited the funds prior to official decisions or measures taken within the scope of the investigation, and the timing of the money movements, are being meticulously scrutinized.