Tanrıkulu and Erbakan call for accountability over fund crisis

Published 20 Sept, 14:27 Photo: Cumhuriyet

This story is from 20 September 2026.

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe 8 Oct, 22:38

Yeni Parti MP Sezgin Tanrıkulu stated that the value of the 131 fund companies placed under surveillance was 297 billion lira (TL) in November 2025 and 822 billion TL in September, saying political responsibility lies with the government. Fatih Erbakan claimed that the events unfolded "right before the State's eyes."

Tanrıkulu argued that the value of 131 fund companies increased by 525 billion lira in 10 months and that losses were turned a blind eye during this process. Erbakan, on the other hand, described what happened as "under the eyes and knowledge of the State" and called for elections to re-establish justice in the economy.

Tanrıkulu and Erbakan call for accountability over fund crisis

Sources 2 sources

StateConservativeIndependentIndep.OppositionOpp.Foreign

Fund Investigation News Series

Where it began 16 Sept 2026 Tera Portföy declares default in two funds, payment periods extended in six funds

8 Oct 2026 22:38 İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe Istanbul's Chief Public Prosecutor's Office ordered journalists İsmail Saymaz, Murat Ağırel and Şaban Sevinç to give statements as suspects as part of its fund investigation.
8 Oct 2026 20:40 Fund crisis inquiry motions rejected by AK Party and MHP votes Yeni Yol, CHP, İYİ Party and DEM Party's Turkish Grand National Assembly (TBMM) inquiry motions on the fund crisis were rejected by votes from AK Party and MHP lawmakers.
8 Oct 2026 16:40 10-article bill on liquidation of 131 funds due in Turkish parliament next week A 10-article interim bill for the 131 funds placed under liquidation is planned to go to the Turkish Grand National Assembly (TBMM) next week. The funds total about 1 trillion lira (TL).
8 Oct 2026 16:40 YENİ Party's Ümit Özlale names two ministers in fund crisis YENİ Party İzmir deputy Ümit Özlale called on Turkish Trade Minister Ömer Bolat and Turkish Family and Social Services Minister Mahinur Özdemir Göktaş to disclose fund transactions.
20 Sept 2026 14:27 Tanrıkulu and Erbakan call for accountability over fund crisis Yeni Parti MP Sezgin Tanrıkulu stated that the value of the 131 fund companies placed under surveillance was 297 billion lira (TL) in November 2025 and 822 billion TL in September, saying political responsibility lies with the government. Fatih Erbakan claimed that the events unfolded "right before the State's eyes."