Ali Babacan's solution formula for the stock market crisis: Records are in the hands of the state

Serdar HocamAuthor & Editor

DEVA Party Chairman Ali Babacan stated that all transactions in the stock market crisis are recorded electronically and that the funds can be collected.

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DEVA Party Chairman Ali Babacan evaluated the fund crisis on Turkey's agenda during a program he attended and shared his proposed solutions with the public.

Electronic Records and Data Analysis

Stating that past transactions are recorded electronically, Babacan noted that abnormal movements can be easily detected using artificial intelligence systems.

İmar Bankası Example and Collection

Recalling the İmar Bank crisis from the past period, Babacan emphasized that they collected billions of dollars from the bank's partners and that a similar method can be applied for the stock market crisis.

International Law and Asset Identification

Stating that assets smuggled abroad can be targeted through a network of international law firms, the politician expressed that real estate abroad can be seized using SDIF (TMSF) powers.

The Scale of the Crisis and the Will for a Solution

Stating that a size of twenty billion dollars is not an unresolvable crisis for Turkey, Babacan underlined that political will and intent are essential to overcome the problem.