NEW Party statement on capital markets: The bill cannot be handed to the nation

NEW Party Chairman Özgür Özel and his economic aides held a press conference regarding the recent situation in the capital markets, drawing attention to the suspicious funds amounting to 10 billion dollars and emphasizing that the cost will not be loaded onto the public.

Financial Markets and Press Conference

NEW Party Chairman Özgür Özel evaluated the latest situation in the financial markets with his economic aides at the headquarters. Following the closed-door meeting, İzmir Deputy Ümit Özlale held a press conference.

Suspicious Funds and Market Values

Ümit Özlale stated that the capital markets have been exposed to a disorderly system and noted that the size of the suspicious funds is at the level of 10 billion dollars. He pointed out that stock values detached from economic reality have formed.

Audit Weakness and Delayed Process

Özlale stated that pricing detached from economic fundamentals stems from the severe audit weakness of the public authority. He expressed that suspicious structures have grown four to five times over the past 10 months.

Steps That Need to Be Taken Regarding the Government

While directing questions to the government and authorities, Özlale listed six urgent steps, including the disclosure of criminal complaints and preventing the risk from being transferred to the banking system.