Fund Coordination Committee: Liquidation of 40.8 billion liras completed
Transactions have been completed in 66 investment funds under liquidation; 40.8 billion liras were paid to over 45 thousand people while the remaining number of funds dropped to 65.
At the sixth meeting of the Fund Coordination Committee, it was announced that transactions have been completed in 66 investment funds under liquidation, and in-kind and cash payments totaling 40.8 billion liras were made to over 45 thousand people through Ziraat Bank.
The sixth meeting of the Fund Coordination Committee was held under the chairmanship of the Vice President, with the participation of the Ministry of Justice, the Ministry of Treasury and Finance, and relevant institutions and organizations. During the meeting, legal regulations regarding investment funds under liquidation, payments made to date, and planned changes in capital markets were discussed.
Liquidation transactions were completed in 66 separate investment funds managed by A1 Portföy, Bulls Portföy, and Pardus Portföy, and approximately 40.8 billion liras were paid to over 45 thousand people. With these developments, the number of funds under liquidation decreased from 131 to 65. Additionally, Hedef Portföy funds were included in the scope by the decision of the Capital Markets Board (SPK).