Total payments made during the liquidation processes of investment funds announced

The Presidency's Directorate of Communications issued a written statement regarding the liquidation process of investment funds following the Ninth Fund Coordination Committee Meeting, sharing the total amount of payments under regular and extraordinary liquidation.

The details of the liquidation process became clear following the Ninth Fund Coordination Committee Meeting, 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. As of October 30, 29.3 billion TL in payments were made under the extraordinary liquidation scope in funds established by Atlas, Pusula, and Tera Portfolio Management Companies. Meanwhile, 68 billion TL was transferred during the regular liquidation process carried out in 93 funds previously established by A1 Capital, Bulls, Pardus, and Hedef Portfolio Management Companies. Thus, payments made to 247,839 investors across a total of 100 funds reached 97.3 billion TL.

According to the statement, the principal amounts of 178,537 unique investors, totaling approximately 76 billion TL in cash and in-kind, have been covered to date. Investors determined through audits by authorized institutions to have obtained unfair and exorbitant gains were excluded from the interim payment scope. It was reported that interim payments will continue starting from money market funds, moving from investors with the lowest fund participation shares to those with the highest shares, with the aim of reaching the maximum number of investors.