President Erdoğan: No Risks Facing the Turkish Economy
Answering journalists' questions in New York, President Erdoğan emphasized that the investigation in the capital market consists of an issue within a limited fund.
President Recep Tayyip Erdoğan stated during a press briefing at the Türkevi in New York that the investigation regarding transactions in the capital market stems from an issue in a limited fund and that there are no risks to the Turkish economy.
Statement at the Türkevi in New York
President Recep Tayyip Erdoğan met with members of the press at the Türkevi in New York, where he concluded his engagements for the 81st General Assembly of the United Nations.
Capital Market Investigation
Evaluating the ongoing investigation concerning recent transactions in the capital market, President Erdoğan shared the details of the matter.
He stated that the issue was mentioned as arising in a limited area of the capital markets and within a specific number of funds.
Economic Stability and Risk Assessment
He emphasized that the current situation does not pose a risk either to the financial system or to the Turkish economy.
He expressed that portraying this situation as a problem concerning the entire market would be unfair to the Turkish Stock Exchange.
Legal Process and Determination
He stated that all necessary steps are being taken within the framework of capital market principles and the rule of law.
He conveyed that the relevant institutions are addressing the issue with determination and that the judiciary has launched a comprehensive investigation.
Detentions and Accountability
He noted that certain detentions and arrests have been carried out within the judicial process.
He stated that there should not be the slightest hesitation that anyone found responsible will be held accountable before the law.
Transparency and Future Measures
He recorded that it is important for the process to be conducted both transparently and with utmost sensitivity due to the structure of capital markets, and that instructions have been given in this direction.
He announced that all measures, including legal and administrative regulations, will be implemented to prevent similar problems from recurring.