Statement on Stock Market Manipulation from Minister of Justice Akın Gürlek
Minister of Justice Akın Gürlek briefed judicial reporters on allegations of stock market manipulation and ongoing efforts.
During a meeting with judicial reporters in Ankara, Minister of Justice Akın Gürlek evaluated allegations of stock market manipulation and coordinated efforts being carried out with the Capital Markets Board.
Meeting with Judicial Reporters
Minister of Justice Akın Gürlek met with judicial reporters working in Istanbul courthouses at the Ministry of Justice in Ankara.
During this meeting, questions of interest regarding various ongoing investigations and lawsuits on the agenda were answered.
Developments in the Stock Market
Pointing out that the trading volume in the stock market has grown significantly in recent years, Minister Gürlek stated that certain issues causing grievances for investors are being evaluated.
It was officially reported that there are processes being closely monitored in coordination with the Capital Markets Board.
Legislation and Legal Framework
It was recalled that the Capital Markets Board possesses various powers and procedures granted by relevant legislation regarding manipulation.
It was stated that all ongoing judicial processes are handled in accordance with this established legal framework and procedures.
Market Stability
Drawing attention to the fact that a large number of citizens invest in the stock market, it was emphasized that it is of great importance not to cause unnecessary panic in the markets.
It was clearly stated that manipulative transactions constituting a crime must definitely not go unpunished within the framework of the law.