Economy 31 sources 18 Sept, 23:18

Gürlek: 20 arrests in capital markets; 40 arrested in fruit-and-vegetable investigation

Justice Minister Akın Gürlek announced that 20 people had been arrested in manipulative trading investigations and that 51 people had been banned from leaving the country. In Istanbul's fresh fruit and vegetable pricing investigation, all 40 suspects referred to court were arrested.

Akın Gürlek açıkladı: Borsa manipülasyonu opaerasyonunda 20 tutuklama — Photo: Oda TV

News sources 31 sources

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

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SPK 131 fonun tasfiye yöntemini açıkladı: Tera fonları İş Bankası’na, diğer altı şirketin fonları Ziraat’e - Serbestiyet — Photo: Serbestiyet

Economy World press 41 sources 19 Sept, 05:05

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

Assets of 130 funds belonging to seven portfolio management companies will be converted to cash, with the process to be completed within three months at most. Treasury and Finance Minister Mehmet Şimşek said, "There is no structural problem in the stock market or the fund market."

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

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Where reports differ

State media According to a statement reported by TRT Haber, Şimşek said the problem was limited to a small number of free funds stemming from credit and liquidity issues, that 131 out of 2,038 funds were affected, and that there was no systemic risk.

Opposition press Artı Gerçek wrote that the funds subject to the liquidation decision belong to approximately 550,000 investors and have a total size calculated at around $17 billion (826 billion lira).

Capital Markets Board (SPK) Mehmet Şimşek İş Bankası Ziraat Bankası Tera Portföy Yönetimi TEFAS

Son dakika haberler: Uluslararası Forex operasyonu! İsrail bağlantılı şebeke çökertildi: 239 gözaltı kararı — Photo: Habertürk

Society World press 34 sources 2 updates 19 Sept, 03:35

Operation in Istanbul and Muğla in forex and crypto fraud investigation

Justice Minister Akın Gürlek announced an operation against a network allegedly defrauding foreign nationals through call centers. Sources differ on the number of suspects detained: 174 or 191.

State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign

Where reports differ

Foreign press Cyprus Genç TV, citing the Interior Ministry's statement, reported that 174 suspects were detained in the operation and that assets worth 1.5 billion lira (TL), believed to be derived from crime, were seized.

Neutral press Dünya's report, however, stated that 191 suspects were taken into custody as part of the investigation.

Akın Gürlek Istanbul Chief Public Prosecutor's Office MASAK intelligence agency MİT Istanbul Muğla

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Gürlek: 20 arrests in capital markets; 40 arrested in fruit-and-vegetable investigation

News sources 31 sources

Who is in this story

Related

Capital Markets Board (SPK) assigns İş Bankası and Ziraat Bankası for liquidation of 130 funds

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Operation in Istanbul and Muğla in forex and crypto fraud investigation

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