Fund Investigation and Market Developments in Borsa İstanbul
As the effects of the fund investigation on Borsa İstanbul continue, the BIST 100 index closed with a 2.4% drop, 5 people were arrested in the investigation, and an arrest warrant was issued for businessman Cengiz Avcı.
While the effects of the fund investigation continue on Borsa İstanbul, the BIST 100 index hit its lowest level since January, closing the day down 2.4% at 12,291 points. Within the scope of the investigation, 5 suspects were arrested, and an arrest warrant was issued for businessman Cengiz Avcı.
Sharp Decline in BIST 100 Index
The reflections of the fund investigation on the markets continued yesterday, and sales accelerated in the afternoon in the BIST 100 index, which started the day with a moderate decline.
Testing below 12,330 points as it saw its lowest level since January, the index completed the day with a 2.4% decrease at 12,291 points.
Statements in Ankara and the Investigation
General assembly statements made in Ankara under the chairmanship of President Erdoğan were closely monitored by the markets and the process was tracked.
New judicial steps were taken within the framework of the comprehensive fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, and developments were shared with the public.
Five Suspects Arrested
In the investigation conducted by the Investigation Bureau for the Financing of Terrorism and Laundering Crimes, 5 suspects were sent to prison after giving their statements.
Among the arrested individuals was Pusula Otomotiv General Manager Necmettin Enes Töbü, while 7 suspects were released under judicial control conditions.
Other Arrests in the Judicial Process
Within the scope of the investigation, Katılımevim Savings Finance Purchasing Manager-Director Engin Geylan and MİEM Yapı İnşaat IT Support Specialist Yunus Caf were arrested.
In addition, with the arrest of KL Taahhüt founder Kerem Lafçı and Tera Holding Legal Counsel Cem Gürkan Alpay, the total number of detainees in the investigation reached 56 people.
Arrest Warrant for Cengiz Avcı
It was announced that an arrest warrant was issued for businessman Cengiz Avcı within the framework of the ongoing investigation, and it was determined that he was abroad.
It was determined that Avcı generated a profit of approximately 15 billion liras through ODINE shares, converted 12 billion liras of this amount into cash, and took it abroad.
Assets Seized
A measure of seizure was applied to the bank accounts, movable and immovable properties, and other determined asset values of Cengiz Avcı, who was determined to be abroad.
On the other hand, it was noted that the passport of Astor company owner Feridun Geçgel was also seized within the scope of the investigation.