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Fund Coordination Board set up in fund probe

Photo: Euronews Türkçe

This story is from 30 September 2026.

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

After the meeting chaired by President Recep Tayyip Erdoğan, a Fund Coordination Board led by the Vice President was set up for investor payments from liquidated funds. The State Supervisory Council also launched a review of investment fund transactions.

At the meeting, the Capital Markets Board (SPK) presented a road map for paying investors whose ownership reconciliation is complete. The State Supervisory Council will audit fund transactions in capital markets on Erdoğan's orders.

Fund Coordination Board set up in fund probe

Sources 39 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. Fund Coordination Board set up in fund probe After the meeting chaired by President Recep Tayyip Erdoğan, a Fund Coordination Board led by the Vice President was set up for investor payments from liquidated funds. The State Supervisory Council also launched a review of investment fund transactions.
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