Ali Babacan's Assessment of Capital Markets and Opposition

During a speech as part of his party's activities, DEVA Party Chairman Ali Babacan emphasized that Turkey desperately needs a new path and an honest opposition that holds people accountable while providing guidance.

Turkey Needs a New Alternative

During a speech as part of his party's activities, DEVA Party Chairman Ali Babacan stated that the country desperately needs a new path.

Babacan said the country needs an opposition that holds people accountable yet provides guidance, as well as an alternative that inspires belief in honest governance.

Fund Fraud Allegations and Questions

Touching upon the investigation into transactions in the capital market, Babacan stated that despite almost a month passing since the allegations of fund fraud, many questions remain unanswered.

Stating that state institutions can track even small amounts from bank records, Babacan questioned how this multi-billion-dollar fraud could not be prevented.

Call for Dismissal of Institution Executives

Arguing that executives of institutions responsible for auditing and oversight must be dismissed, Babacan voiced his criticisms regarding the issue.

He also criticized the granting of broad powers to the CMB, which is at the center of the scandal, in a legislative proposal sent to the Plan and Budget Committee.

Emphasis on Political Power and Bureaucracy

Noting that supporters within the political power and bureaucracy must also be investigated, Babacan demanded that the list of people trading in the markets be shared with the public.

Recalling that the support given by citizens was intended to prevent corruption, Babacan criticized the ruling government.