3 suspects moved shares abroad in fund probe, prosecutors say

The Istanbul Chief Public Prosecutor's Office found that suspects in the fund probe transferred their shares to foreign banks and brokerages. The prosecution sent official requests concerning the share movements of Serdar Turhan, Muhammed Yarız and Şaban Serkan İlaldı.

The findings concern share movements before the liquidation process initiated by the Capital Markets Board (SPK) for some funds. The prosecution sought a retrospective review of the transactions from January 2025 onward. Eighty-five people are under arrest in the probe.

Fund Investigation News Series

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6 Oct 2026 09:33 3 suspects moved shares abroad in fund probe, prosecutors say The Istanbul Chief Public Prosecutor's Office found that suspects in the fund probe transferred their shares to foreign banks and brokerages. The prosecution sent official requests concerning the share movements of Serdar Turhan, Muhammed Yarız and Şaban Serkan İlaldı.

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