Investigation launched into İbrahim Mustafa Turhan over capital market posts
The former Borsa Istanbul executive has faced legal action due to social media posts that could potentially cause fear and panic among investors.
The Istanbul Chief Public Prosecutor's Office has launched an ex officio investigation into former Borsa Istanbul Chairman İbrahim Mustafa Turhan upon determining that he shared content regarding capital market instruments that could cause fear and panic.
Reasons for the Investigation
The Istanbul Chief Public Prosecutor's Office announced that it initiated legal proceedings after reviewing content on social media platforms.
During the reviews, it was determined that the posts in question were of a nature that could cause fear and panic among investors regarding capital market instruments.
Background of İbrahim Mustafa Turhan
İbrahim Mustafa Turhan, who is under investigation, has previously served as a Member of Parliament for the AK Party and as Deputy Governor of the Central Bank.
Turhan has also served as the Chairman of the Board and General Manager of Borsa Istanbul.
Social Media Account and Statement
In an official statement by the prosecutor's office, it was reported that posts by the user of the account `@ibrahimmturhan2` were examined.
Following these findings, it was stated that an ex officio investigation was launched by the Chief Public Prosecutor's Office against the owner of the relevant account.
Borsa Istanbul and Value Loss
It was noted that prior to these developments, Borsa Istanbul experienced a loss in value exceeding 6 percent.
It was stated that during this process, İbrahim Mustafa Turhan made economic evaluations on social media, called for calm among investors, and shared historical examples.