CHP Economy Table Convenes for Stock Market Developments

Serdar HocamAuthor & Editor

Led by Kemal Kılıçdaroğlu, the CHP Economy Table directed questions at the government regarding the extraordinary volatility and allegations of manipulation in the stock market.

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The Republican People's Party (CHP) Economy Table held an emergency meeting chaired by Kemal Kılıçdaroğlu to discuss the extraordinary price movements and rapid fund growths experienced on Borsa Istanbul.

Reason for the Emergency Meeting

The Republican People's Party Economy Table came together urgently to discuss the risks posed by the extraordinary price movements and very rapid fund growths witnessed on Borsa Istanbul. The meeting was held under the chairmanship of Chairman Kemal Kılıçdaroğlu.

Delayed Measures and Questions

Stating that the crisis in capital markets did not emerge overnight, Kemal Kılıçdaroğlu recalled previous statements by Treasury and Finance Minister Mehmet Şimşek and emphasized that no measures had been taken despite a long time having passed.

Emphasis on Stock Market Gangs

In his statement, Kılıçdaroğlu noted that action was taken following the warning of international index providers, stating that the forces blocking the process must be questioned and that new stock market gangs have emerged.

Call for Audit and Responsibility

Demanding the disclosure of who profited during this exploitation process, Kılıçdaroğlu asked why the institutions tasked with oversight failed to perform their duties and called upon President Erdoğan to activate the State Supervisory Council.