Fund probe examines money flows to Switzerland, Luxembourg, Dubai and London

Istanbul Chief Public Prosecutor's Office is examining transfers of money and shares worth billions of lira to Switzerland, Luxembourg, Dubai and London in a fund probe. 85 people are in detention.

The investigation has 206 suspects. 85 were arrested, 97 were placed under judicial control and 23 are fugitives. Prosecutors are examining retrospective transfers since January 2025 and asset moves before liquidation.

Fund Investigation News Series

8 Oct 2026 22:38 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.

8 Oct 2026 20:40 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.

8 Oct 2026 16:40 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).

8 Oct 2026 16:40 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.

7 Oct 2026 11:36 Fund probe examines money flows to Switzerland, Luxembourg, Dubai and London Istanbul Chief Public Prosecutor's Office is examining transfers of money and shares worth billions of lira to Switzerland, Luxembourg, Dubai and London in a fund probe. 85 people are in detention.

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