Fund probe: measures on nearly 750 million lira

The Istanbul Chief Public Prosecutor's Office froze approximately 387 million lira in accounts as part of the fund investigation it is conducting with MASAK. The amount frozen and seized in three transactions reached approximately 750 million lira.

The measure covered 105 million lira belonging to detained Pusula Portföy Yönetimi A.Ş. Board Chair Muhammed Yarız and 257 million lira that was being transferred via TERA Portföy at QNB Finansbank. As of September 21, attempts at transactions amounting to nearly 2.5 billion lira had been stopped.

Fund Investigation News Series

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.

24 Sept 2026 10:58 Fund probe: measures on nearly 750 million lira The Istanbul Chief Public Prosecutor's Office froze approximately 387 million lira in accounts as part of the fund investigation it is conducting with MASAK. The amount frozen and seized in three transactions reached approximately 750 million lira.

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