88 people arrested in capital markets manipulation investigation

Minister of Justice Akın Gürlek announced that within the scope of investigations into manipulative transactions in capital markets, judicial proceedings have been initiated against 404 people to date, with 88 suspects arrested and 26 suspects detained.

Minister of Justice Akın Gürlek stated in a post on his social media account that the fight against obtaining unfair gains through manipulative transactions in capital markets continues. According to the statement, judicial proceedings have been initiated against 404 people to date within the scope of the investigations, while 88 suspects have been arrested, 26 suspects have been detained, and judicial control measures have been applied to 195 people. Efforts to apprehend 42 fugitives are ongoing.

Steps have also been taken by the Istanbul Chief Public Prosecutor's Office regarding the financial dimension of the investigations. In this context, it was decided to freeze the bank accounts, seize the assets, and prevent the transfer of real estate belonging to 351 natural persons and 102 legal entities. It was reported that the return processes by individuals and institutions deemed to have obtained unfair gains to accounts within the Savings Deposit Insurance Fund (TMSF) are continuing.