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New 9-article bill for the liquidation of investment funds submitted to Parliament
A legislative proposal has been submitted to Parliament to provide interim payments of up to 1 million TL to investors of 131 funds liquidated by the decision of the Capital Markets Board and to audit the processes.
News
Economy
Bill on the liquidation and payments of investment funds submitted to Parliament
A 9-article bill prepared for liquidated investment funds has been submitted to the Grand National Assembly of Turkey (TBMM). No public funds will be used in the process, and interim payments of up to 1 million liras will be made to investors.
News
Economy
Cevdet Yılmaz Announces Fund Investigation and Measures Taken at the Turkish Parliament
Officials making evaluations regarding troubled funds and companies at the Turkish Parliament announced that 131 funds have been liquidated and 3 banks and 2 factoring companies have been transferred to the SDIF.
Current Affairs
News
Statements by Minister Gürlek on Fund Investigation and Repatriation Process
Minister of Justice Akın Gürlek announced that 85 suspects have been arrested in the fund investigation and legal proceedings have been initiated for the return of funds smuggled to Switzerland.
Current Affairs
News
Economy
Number of suspects increases in fund investigation and return requests multiply
As the number of suspects rises in the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, numerous individuals who realized they would face severe penalties wanted to return their earnings.
News
Economy
