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MASAK probe requested for 4 companies in fund investigation
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A probe by the Financial Crimes Investigation Board (MASAK) was requested into the financial transactions of executives and their relatives at Pusula Finans Holding, Tera Yatırım, Hedef Holding, and Bulls Yatırım. YENİ Party lawmaker Sezgin Tanrıkulu said a loss of 525 billion lira (TL) was condoned in recent months and more than 500,000 small investors were affected.
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Source spectrum State State Pro-government Pro-gov Independent Indep. Opposition Opp. Foreign Foreign 
Ekonomi Manşet4th to publish the story20 Sept, 13:39 YENİ Partili Sezgin Tanrıkulu: Borsada 525 milyar liralık zarara göz yumuld 
Cumhuriyet2 articles · First to publish the story20 Sept, 12:59 Özgür Karabat’tan 'fon krizi' tepkisi: 'Sermaye piyasasının temel ham maddesi güvendir' 
BirGün2 articles · 2nd to publish the story21 Sept, 05:00 Milyarlarca liralık zarara göz yumuldu +2 +3 BirGün · 2nd to publish the story Evrensel · 3rd to publish the story Halk TV · 5th to publish the story 
DW Türkçe (DE)6th to publish the story20 Sept, 15:29 Muhalefetten Mehmet Şimşek'e fon tepkisi
Ekonomi Manşet4th to publish the story20 Sept, 13:39 YENİ Partili Sezgin Tanrıkulu: Borsada 525 milyar liralık zarara göz yumuld Cumhuriyet2 articles · First to publish the story20 Sept, 12:59 Özgür Karabat’tan 'fon krizi' tepkisi: 'Sermaye piyasasının temel ham maddesi güvendir' BirGün2 articles · 2nd to publish the story21 Sept, 05:00 Milyarlarca liralık zarara göz yumuldu +2 +3 BirGün · 2nd to publish the story Evrensel · 3rd to publish the story Halk TV · 5th to publish the story DW Türkçe (DE)6th to publish the story20 Sept, 15:29 Muhalefetten Mehmet Şimşek'e fon tepkisi - Cumhuriyet Opposition 2
- BirGün Opposition 2
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Evrensel Opposition - Ekonomi Manşet Independent
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Halk TV Opposition - DW Türkçe (DE) Foreign
Story thread
- MASAK probe requested for 4 companies in fund investigation A probe by the Financial Crimes Investigation Board (MASAK) was requested into the financial transactions of executives and their relatives at Pusula Finans Holding, Tera Yatırım, Hedef Holding, and Bulls Yatırım. YENİ Party lawmaker Sezgin Tanrıkulu said a loss of 525 billion lira (TL) was condoned in recent months and more than 500,000 small investors were affected.
- Tanrıkulu and Erbakan call for accountability over fund crisis Yeni Parti MP Sezgin Tanrıkulu stated that the value of the 131 fund companies placed under surveillance was 297 billion lira (TL) in November 2025 and 822 billion TL in September, saying political responsibility lies with the government. Fatih Erbakan claimed that the events unfolded "right before the State's eyes."
- Financial Stability Committee holds emergency meeting: "No structural risk" Following the decline in Borsa Istanbul (BIST), the committee, chaired by Treasury and Finance Minister Mehmet Şimşek, said the issue stemmed from credit and liquidity strains in certain funds of a limited number of portfolio management companies, and that it was temporary and manageable.
- Capital Markets Board halts trading of 7 portfolio companies' funds on TEFAS The Capital Markets Board (SPK) suspended buying and selling of funds managed by Tera, Pusula, Hedef, Atlas, A1, Pardus and Bulls Portföy on TEFAS; according to ForInvest data, a liquidation decision was taken for 130 funds, and the equity ratio for margin trading was lowered to 20%.
