Latest in the series İsmail Saymaz, Murat Ağırel and Şaban Sevinç to testify in fund probe
The payout process for 43,643 investors in 17 funds of A1 Capital, Bulls and Pardus began today. Bulls Portföy announced that about 1.22 billion lira had been paid to 5,142 investors in three funds whose liquidation was completed.
Ziraat Bank transferred the payment amounts for the 17 funds to banks and intermediary institutions. Vice President Cevdet Yılmaz said İşbank and Ziraat Bank had been appointed to manage 131 funds in liquidation, adding that no Treasury funds would be used for specific losses in the funds. Interim payments of up to 1 million lira are planned for funds under extraordinary liquidation.