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Home > Current Affairs News > Breaking News... 4 arrested, 2 under judicial control in fund investigation: Former CMB Deputy Chairman Enver Usca arrested

Breaking News... 4 arrested, 2 under judicial control in fund investigation: Former CMB Deputy Chairman Enver Usca arrested

Four out of six suspects detained in the fund fraud investigation have been arrested. Among those arrested are former Capital Markets Board (CMB) Deputy Chairman Enver Usca and other high-level officials who served at the BRSA and the CMB.

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Published: 07.11.2026 10:42 Updated: 07.11.2026 10:54
Breaking News... 4 arrested, 2 under judicial control in fund investigation: Former CMB Deputy Chairman Enver Usca arrested

A new development has occurred in the investigation into the fund fraud scandal that has shaken public opinion.

Four of the 6 suspects detained within the scope of the investigation conducted by the Istanbul Chief Public Prosecutor's Office have been arrested.

Among those arrested is the former Capital Markets Board (CMB) Deputy Chairman Enver Usca. In addition to Usca, Tera Holding Administrative Affairs Director Ümit Sincanlı, BRSA Application 4th Department Head Mustafa Alper Taş, and former CMB Market Oversight and Enforcement Department Head Ercan Urkan were also arrested.

It was reported that Kürşad Sait Babuçcu, who was detained as part of the investigation, was released with judicial control measures including a signature requirement and a travel ban, while Bülent Murat Haholu was released following prosecution procedures.


News Source: 12punto

Tags

fund investigation capital markets Arrest investigation Enver Usca