YENİ Party proposes compensating over 80 percent of fund losses

Published 24 Sept, 12:58 Updated 24 Sept, 15:54 Photo: Ekonomim

Latest in the series Capital Markets Board says cancelled fund orders will be paid 28 Sept, 02:30

YENİ Party Istanbul deputy Ümit Özlale presented a bill in the Grand National Assembly (TBMM) that foresees compensating more than 80 percent of losses in the 131 liquidated investment funds without public resources or additional taxes.

Özlale said the principal would be adjusted for inflation, unrealized virtual profits would be excluded, and a standard uniform transaction date would be set. The bill also provides for examining fund outflows after their establishment.

YENİ Party proposes compensating over 80 percent of fund losses

Sources 6 sources

Fund Investigation News Series

Where it began 16 Sept 2026 Hedef Holding Chairman Namık Kemal Gökalp detained

27 Sept 2026 02:30 Capital Markets Board says cancelled fund orders will be paid The Capital Markets Board (SPK) said holders of buy and sell orders sent to the fund trading platform (TEFAS) on 17 September and cancelled by the platform in funds subject to liquidation will be paid from the liquidation balance in proportion to their unit ownership.
27 Sept 2026 22:54 Asset freezes on 106 people and entities lifted in fund probe Asset freezes on 42 individuals, 46 companies and 18 funds were lifted in the fund investigation led by the Istanbul Chief Public Prosecutor's Office. The decision covers 106 people and entities in total.
27 Sept 2026 22:17 Asset freeze imposed on Feridun Geçgel and Enver Geçgel In the Istanbul Chief Public Prosecutor's Office fund investigation, asset restraint was imposed on the assets of Astor Enerji executives Feridun Geçgel and Enver Geçgel. It was not confirmed that a separate restraint order was issued concerning Astor Enerji.
27 Sept 2026 16:24 Melis Sandal gets travel ban in fund probe Melis Sandal received a foreign travel ban and a precautionary measure was placed on her assets as part of the fund investigation. Journalist Yiğit Uzun claimed Sandal withdrew about 11 billion lira (TL) from the liquidated funds.
24 Sept 2026 12:58 YENİ Party proposes compensating over 80 percent of fund losses YENİ Party Istanbul deputy Ümit Özlale presented a bill in the Grand National Assembly (TBMM) that foresees compensating more than 80 percent of losses in the 131 liquidated investment funds without public resources or additional taxes.