Seizure order issued for Cengiz Avcı's assets in fund probe

In the fund investigation led by the Istanbul Chief Public Prosecutor's Office, a seizure order was issued for the bank accounts and other assets of businessman Cengiz Avcı, for whom an arrest warrant had earlier been issued. Avcı was reported to be abroad.

Avcı was found to have earned about 15 billion lira from transactions in ODINE shares over the past year, converting about 12 billion lira of it into cash. Precautionary measures were applied to his bank accounts and movable and immovable property.

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29 Sept 2026 22:38 Seizure order issued for Cengiz Avcı's assets in fund probe In the fund investigation led by the Istanbul Chief Public Prosecutor's Office, a seizure order was issued for the bank accounts and other assets of businessman Cengiz Avcı, for whom an arrest warrant had earlier been issued. Avcı was reported to be abroad.

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