Assets of 109 suspects frozen in Borsa Istanbul fund investigation

In the manipulation and market fraud investigation conducted by the Istanbul Chief Public Prosecutor's Office regarding funds in Borsa Istanbul, judicial measures have been imposed on the asset dispositions and financial transactions of 109 suspects, including businesspeople and company owners.

Scope of Investigation Expanded

A critical stage has been reached in the investigation conducted by the Istanbul Chief Public Prosecutor's Office Bureau of Investigation of Laundering Offenses. Financial measures were taken regarding 109 suspects, including well-known names from the business world, and their affiliated companies.

Artificial Price Increases Detected

It was documented that artificial price increases, well above real market value, were made in certain company shares traded on the Borsa Istanbul Equity Market. It was determined that the process was engineered using portfolio management funds.

Scope of Judicial Measures

While a general seizure was not applied to the assets of the suspects, dispositions such as transfer and sale were made subject to the written permission of the chief public prosecutor's office in order to prevent asset flight attempts. All financial movements will be reported to MASAK.

Measures for Some Individuals Lifted

It was learned that the precautionary measures previously imposed on Fatma Betül Sayan Kaya and İlyas Kaya within the scope of the investigation were lifted after they made payments to voluntary payment accounts.