Fund Victims' Losses Will Be Covered by Those Who Gained Unfair Profits

Serdar HocamAuthor & Editor

Minister of Interior Mustafa Çiftçi announced that the losses of fund victims will be paid not from the state budget, but with money to be taken from fraudsters.

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Minister of Interior Mustafa Çiftçi announced that the legal regulation prepared to resolve the grievances experienced by citizens in the fund investigation will be submitted to the Grand National Assembly of Turkey (TBMM) next week.

Legal Regulation Coming to Parliament

Minister of Interior Mustafa Çiftçi made important statements regarding the efforts carried out to compensate for the losses experienced by fund victims during a television program he attended. Minister Çiftçi stated that the legal regulation will be brought to the agenda of the Grand National Assembly of Turkey next week.

Payments Will Not Be Made from the Budget

Within the scope of the newly prepared legal regulation, the source from which the payments to the victims will be made has become clear. Minister Çiftçi emphasized that absolutely no money will be paid out from the state treasury or budget regarding this issue.

Money of Fraudsters Will Be Used

Providing information on the operation of the system, Çiftçi stated that the losses of victimized citizens will be paid through funds obtained from individuals who made unfair gains. In this way, the resources of those who obtained unfair income will be transferred to the victims.

Refund List Sent to SDIF

In the first stage of the investigation, the Chief Public Prosecutor's Office examined the accounts of the fund companies and identified individuals and institutions that made profits exceeding one hundred million liras. The prepared refund list, amounting to over one hundred and eighty-seven billion liras in total, has been delivered to the Savings Deposit Insurance Fund (SDIF).