The background of multi-billion fund operations and economic developments
Fatih Altaylı wrote about the initiation process of multi-billion dollar fund operations, statements from the AK Party, changes in duties at the CMB, and the demands of foreign investors.
The background of operations targeting multi-billion dollar fraud funds, the steps taken by the economic administration, and changes in duties at the CMB were evaluated.
The Background of Fund Operations
Developments occurred following the launch of operations targeting multi-billion dollar fraud funds and the exposure of connections between certain figures in these funds and AK Party organizations. A post was made by the AK Party's Department of Economic Affairs reminding the public of the duties and authorities of the Capital Markets Board.
Changes in Duties at the CMB
Criticizing the post, Fatih Altaylı stated that discomfort regarding the funds and the resulting steps actually began to be taken in the spring months. It was noted that Mahmut Sütçü, who has a finance background, was brought to the chairmanship of the Capital Markets Board during this process.
Reason for Accelerating Operations
It was stated that operations were accelerated due to information leaks and attempts by fund managers to flee. Within the scope of the ongoing investigations, it was shared that Emre Tezmen, Serdar Turhan, Alper Öztürk, and Alkin Brothers were arrested.
Foreign Investors' Approach
While Mehmet Şimşek made calls to foreign investors, it was reported that foreign investors did not want to become direct partners in Turkish companies, instead demanding partnerships through companies to be established in the US or UK.
Other Developments and Events
The article also stated that Papara's sponsorship status and the Contemporary Istanbul exhibition starting at Tersane Istanbul were among the other topics covered.