10-article bill on liquidation of 131 funds due in Turkish parliament next week

Published 8 Oct, 16:40 Photo: VOA

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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).

The bill drafted by the AK Party aims to regulate the process in funds where ordinary liquidation is insufficient and payments to investors. Vice President Cevdet Yılmaz announced that payments had begun in funds under ordinary liquidation.

10-article bill on liquidation of 131 funds due in Turkish parliament next week

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