Statement on Investment Funds and Economy from Victory Party Member Bedii Onan

Serdar HocamAuthor & Editor

Victory Party Çorum Provincial Chairman Bedii Onan addressed claims regarding investment funds, arguing that millions of liras in funds are awaiting liquidation.

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Zafer Partili Onan’dan Ekonomi ve Fon Skandalı Üzerine Sert Eleştiriler

Victory Party Çorum Provincial Chairman Bedii Onan issued a written statement criticizing the understanding of luxury living, past crises, and claims regarding investment funds.

Victory Party Çorum Provincial Chairman Bedii Onan evaluated the understanding of luxury consumption and wealth in Turkey in a written statement he published. Giving examples from the operetta "Lüküs Hayat" composed by Cemal Reşit Rey in 1933, Onan criticized the display of fortunes with uncertain sources.

Giving extensive coverage to claims regarding investment funds in his statement, Onan claimed that there are 455,000 victimized investors and that 131 funds with a size of approximately 900 billion liras are awaiting liquidation. Stating that some fund monies were transferred to accounts abroad, Onan questioned the audit mechanisms of the Capital Markets Board (SPK), the Public Disclosure Platform (KAP), and Borsa Istanbul (BİST). He also reacted to the rejection of motions in the Turkish Grand National Assembly (TBMM) aimed at investigating the fund crisis.