President Erdoğan makes statement on fund liquidation and payment process
Stating that they have implemented a three-stage plan in the process of liquidating funds, President Recep Tayyip Erdoğan announced that investor payments will accelerate once the legislative proposal in Parliament is enacted into law.
President Recep Tayyip Erdoğan announced that they are managing the ongoing efforts regarding the liquidation of funds with a three-stage strategy. He stated that with the enactment of the legislative proposal currently on Parliament's agenda, payment procedures for over 455,000 investors in funds decided for liquidation will gain momentum.
Erdoğan emphasized that the first stage of the process is the return of savings in the liquidated funds to investors. In the second stage, he stated that individuals and organizations who gained unfair profits through manipulation will be ensured to be held accountable before the judiciary. In the third stage, he noted that necessary measures will be taken to prevent similar problems from happening again.
Stating that they are following the issue with seriousness, the President expressed that they will maintain an uncompromising stance against those who wrong the nation and reach out to seize the nation's property.
Sources
- bloomberght.com · Link