Latest in the series Erdin Ozel and Emir Munir Sarpyener arrested in fund probe
AK Party Deputy Chairman Nihat Zeybekçi said four companies he partners have about 250 million lira (TL) trapped in the liquidated Tera TP2 fund and that he is one of the victims.
Nihat Zeybekçi said the money had been invested in this fund without his knowledge, saying, "We are one of the 455,000 victims." He said the fund's monthly return was between 3.5% and 4.5% and that it was intended to be managed under the logic of interest-free financial instruments.
