Special 27-member team established for international asset tracking in fund investigation
A special unit has been established within MASAK to identify funds and suspicious assets assessed to have been smuggled abroad.
A special team of 20 people has been commissioned by the Financial Crimes Investigation Board to identify money and suspects' assets evaluated to have been taken abroad in the ongoing fund investigation.
Special Team Established
The Financial Crimes Investigation Board has established a special team of 20 people to track wealth abroad and ensure it is recovered for Turkey.
International Investigation
Operating based in Istanbul, the team is contacting countries where suspicious money transfers were made to investigate accounts, real estate, and other assets.
Data Disclosed in Committee
Deputy Minister of Treasury and Finance İlhan Hatipoğlu announced that MASAK has made 48 separate information requests from 29 different countries.
Individuals and Companies in Scope
It was stated that the information requests cover the bank accounts, cash assets, crypto assets, and other properties of 278 real and legal persons.
Financial Intelligence Network
In identifying assets abroad, utilization is made of the capabilities of the Egmont Group, which facilitates information sharing among countries' financial intelligence units.
Transfer Methods
MASAK President Hasan Kaymak pointed out that the transfer of crypto assets to cold wallets and transfer transactions between companies can make tracking difficult.
Repatriation Goal
It is aimed to effectively use judicial and international cooperation mechanisms to recover the assets to be identified back to Turkey.