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Erdoğan says fund market problem is limited

Photo: Dünya

This story is from 28 September 2026.

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

President Recep Tayyip Erdoğan said after the Presidential Cabinet meeting that the problem in the fund market had occurred in a limited segment and there was no risk spreading to the financial system.

Erdoğan said the Justice Minister and the Treasury and Finance Minister gave comprehensive presentations at the cabinet meeting. He said they were closely following developments in the capital market and argued the Turkish capital market had the capacity to overcome this problem.

Erdoğan says fund market problem is limited

Sources 11 sources

Source spectrum StateConservativeIndependentIndep.OppositionOpp.Foreign
+2: Serbestiyet and Gazete Oksijen +3: Medyascope, Serbestiyet and Gazete Oksijen

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. Erdoğan says fund market problem is limited President Recep Tayyip Erdoğan said after the Presidential Cabinet meeting that the problem in the fund market had occurred in a limited segment and there was no risk spreading to the financial system.
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