Detention and arrest warrants have been issued for numerous individuals as part of the investigation into the fund fraud scandal that has shaken public opinion. In the later stages of the investigation, some individuals holding high-level positions also decided to step down.
Şahap Kavcıoğlu, whose name was mentioned in the investigation, also requested to be relieved of his duties as BDDK Chairman. Following Kavcıoğlu's decision to leave, a striking detail emerged regarding the rights he would obtain upon the end of his term.
After Kavcıoğlu took office as BDDK Chairman, the fact that some banks granted operating licenses by the agency were involved in the fund crisis had caused public controversy.
The allegations made by AKP member Savcı Sayan regarding the relationship between Kavcıoğlu and Emre Tezmen, the imprisoned boss of Tera, had also remained on the agenda for a long time.
ASSESSMENTS REGARDING THE RESIGNATION AND SALARY RIGHTS
Assessments from political figures and economists have also come regarding Kavcıoğlu's departure from his post. İYİ Party member Erhan Usta commented on Kavcıoğlu's resignation, calling it “A move that is long overdue.”
Economist İnan Mutlu pointed out that Kavcıoğlu could continue to receive a salary from the BDDK for two more years.
They have latched onto the nation's back like ticks. Even if they resign, we cannot get rid of them. They continue to receive a salary for two more years
— İnan Mutlu (@inanmutlu11) November 11, 2026
Economist Prof. Dr. Yalçın Karatepe also warned in his assessment of the issue, stating, “Requesting to be relieved of duty should not provide immunity from being held accountable.”
THE RELEVANT LAW CONTAINS A TWO-YEAR PAYMENT PROVISION
The regulation that has come to the agenda following Kavcıoğlu's departure from his post is found in Article 103 of the relevant law.
The article in question contains provisions regarding the return of BDDK Chairman and members to their former institutions if they leave their posts. It is stated that for those who were not working in a public institution and whose board membership has ended, payments will continue to be made by the Agency until they start a new duty or job.
The final paragraph of the article contains the following statements regarding the duration of these payments:
"Article 103 — The ties of those appointed as Board Chairman and members to their previous duties are severed as long as they serve on the Board. However, those who were appointed to membership while serving as public officials, provided they do not lose the conditions for entry into civil service, shall be appointed to a position suitable for their acquired rights by the authority authorized to make appointments within one month in the event that their term of office ends or they request to leave their post and apply to their former institutions within thirty days. Until the appointment is made, all payments they have been receiving shall continue to be made by the Agency. For those who were not working in a public institution and were elected as Board Chairman and members, and whose duty ended in the manner specified above, all payments they have been receiving shall continue to be provided by the Agency until they start any duty or job. The payment to be made by the Agency to those whose membership has ended for the reasons specified in this article shall not exceed two years"
News Source: 12punto
