Fifth wave in fund investigation: Decision regarding 34 suspects

Serdar HocamAuthor & Editor

Minister of Justice Akın Gürlek announced that legal proceedings have been initiated against a large number of suspects in the fifth wave of fund operations.

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Minister of Justice Akın Gürlek announced that search, seizure, and detention warrants have been issued for 34 suspects in the 5th wave operation of the fund investigations.

Fifth Wave Operation

The fifth wave operation was carried out within the scope of the fund investigations conducted by the Istanbul Chief Public Prosecutor's Office Bureau for Investigation of Laundering Offenses.

It was announced that search, seizure, and detention warrants were issued for a total of 34 suspects within the scope of the latest operation carried out.

Balance Sheet of the Investigation

Within the framework of the ongoing investigations, the total number of suspects against whom action has been taken to date reached 217 people.

During the process, 56 suspects were arrested, while it was decided to apply judicial control measures for 88 suspects.

Stock Reviews

It was stated that the scope of the investigation is not limited to current funds and suspects, but covers a wide area.

The movements in 26 stocks evaluated to be subject to speculative and manipulative transactions are being examined in detail.

SDIF Process

Steps will be taken within the framework of legal procedures for assets determined to have been obtained from crime.

It was stated that legal processes will be implemented to transfer these values to a fund to be established within the body of the SDIF.