Trade Minister Ömer Bolat Responds to Fund Allegations with Legal Action and Challenge

Serdar HocamAuthor & Editor

Trade Minister Ömer Bolat strongly denied allegations that he closed his account and withdrew money prior to a fund investigation launched against him.

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Ticaret Bakanı'ndan 170 milyon lira resti: "Hodri meydan, o hesabı bulun"

Trade Minister Ömer Bolat denied allegations that he closed his account and withdrew 170 million liras prior to a fund investigation involving him. Describing the politicians' claims as manipulation, Bolat announced that he will take the matter to court.

Investigation Process and Beginning

Trade Minister Ömer Bolat recalled that an investigation was initiated against seven portfolio management companies by government decree on September 16 within the scope of fund investigations.

It was announced that certain banks were appointed to liquidate one hundred thirty-one different funds belonging to these companies during this process.

Family Savings and Sukuk Investment

Minister Bolat stated that he deposited thirty-seven point eight million liras of family savings into a sukuk account at Hedef Yatırım Portföy Şirketi on February 26, 2024.

He stated that no returns have been made from the sukuk investment since that date and that the allegations were debunked within a short time.

Duplicate Transaction and Manipulation Allegation

It was emphasized that there is definitely no withdrawal of one hundred seventy million liras or account closure in the MKK records and the sukuk account.

It was determined that collections with expired maturity over a period of two years and eight months and new sukuk purchases were aggregated to create manipulation through duplicate transactions.

Legal Process and Court Step

Minister Bolat announced that they will apply for legal remedies and take the matter to Turkish courts due to document forgery and the slanders directed at him.