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Liquidation of 131 funds to be discussed under Şimşek

Photo: Ekonomim

This story is from 24 September 2026.

Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe

Treasury and Finance Minister Mehmet Şimşek will return from the US today at noon. Seven portfolio management companies have 455,758 investors in 131 funds, and their liquidation and payments will be discussed under his chairmanship.

According to information obtained from the Treasury and Finance Ministry, the talks are expected to continue tomorrow. The SPK had extended the 3-month period in the liquidation process to 6 months on 21 September. Protecting investor rights will be a top priority in the work.

Liquidation of 131 funds to be discussed under Şimşek

Sources 23 sources

Fund Investigation News Series

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

  1. 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.
  2. 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.
  3. 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).
  4. 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.
  5. Liquidation of 131 funds to be discussed under Şimşek Treasury and Finance Minister Mehmet Şimşek will return from the US today at noon. Seven portfolio management companies have 455,758 investors in 131 funds, and their liquidation and payments will be discussed under his chairmanship.
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