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Tera executives Erdin Özel and Sarpyener detained in fund probe

Photo: Kısa Dalga

This story is from 28 September 2026.

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

Tera Portföy Board Chairman Erdin Özel and Tera Yatırım CEO Emir Münir Sarpyener were detained in the fund investigation. Both had outstanding detention warrants.

The Money Laundering Crimes Investigation Bureau of the Istanbul Chief Public Prosecutor's Office is conducting the probe into capital market transactions. Özel and Sarpyener had earlier been given overseas travel bans and judicial control orders. The investigation had begun after Pusula Portföy defaulted.

Tera executives Erdin Özel and Sarpyener detained in fund probe

Sources 28 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. Tera executives Erdin Özel and Sarpyener detained in fund probe Tera Portföy Board Chairman Erdin Özel and Tera Yatırım CEO Emir Münir Sarpyener were detained in the fund investigation. Both had outstanding detention warrants.
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