Statement on Funds from Cevdet Yılmaz: Problematic Structures Quarantined
Making evaluations regarding the fund investigation, Vice President Cevdet Yılmaz stated that public resources will strictly not be used in the liquidation processes.
Vice President Cevdet Yılmaz made important statements regarding the fund investigation process, announcing that problematic funds have been quarantined, public resources will not be used in liquidation processes, and payments have been made to thousands of citizens.
Evaluations on the Fund Investigation
Vice President Cevdet Yılmaz made important evaluations regarding the fund investigation at the Anadolu Agency Editor's Desk and emphasized that there is no structural problem in the markets.
No Public Resources Will Be Used
Yılmaz clearly stated that the use of public resources is out of the question at any stage of either ordinary or extraordinary liquidation processes.
Audits and Board Operations
Stating that the Fund Coordination Board has been established and important decisions have been made, Yılmaz conveyed that the State Supervisory Council has started multifaceted operations in the field.
He emphasized that the responsible funds were quickly uncovered and quarantined to prevent this issue from spreading to the general public, and a decision for liquidation was made.
Judicial Processes and Payments
He noted that judicial mechanisms have been activated in the process, assets have been seized, and investigations are ongoing with travel bans abroad imposed.
He reported that within the scope of A1 Capital, Bulls, Pardus, Tera, and other funds, 17 out of a total of 131 funds have been decommissioned, and as of October 8, payments have been made to nearly 46,000 citizens through Ziraat Bank.