Çömez raised striking questions regarding the fund investigation involving Türkiye Sigorta A.Ş.
Pointing to the postponement of the company's balance sheet disclosure, its debts to foreign banks, and the loss of value in its shares, Çömez stated that those responsible must be held accountable.
44.3% drop in Türkiye Sigorta shares
Stating that Türkiye Sigorta's balance sheet disclosure, which was planned for October 19, 2026, did not take place, Çömez noted that the resignation of former General Manager Taha Çakmak was cited as the reason for the delay.
According to Çömez's post, there has been a 44.3% drop in Türkiye Sigorta (TURSG) shares since October 12. The MP emphasized that this decline has led to significant losses for investors.
He drew attention to debts to foreign banks
Pointing to the debts in Türkiye Sigorta's financial statements, Çömez stated that as of December 31, 2025, the company had a total debt of 11 billion liras to İstanbul Takas ve Saklama Bankası A.Ş. and ICBC Standard Bank Plc.
İYİ Party's Çömez stated that in the financial statements dated June 30, 2026, the total debt to ICBC Standard Bank Plc and Goldman Sachs International appeared to be 15 billion 656 million liras.
“Were the borrowed funds invested in private funds?”
Asking why the company took on debt and why its debts to foreign banks reached these levels, Çömez demanded clarification on whether the resources obtained as debt were invested in funds.
Turhan Çömez asked the following questions in his post:
Why did Türkiye Sigorta take on debt and why did it borrow such high amounts from foreign banks?
Were the borrowed funds invested in funds? Why were risky private funds preferred instead of state funds?
What kind of relationship network was established with whom during these transactions?
How much was received as bribes under the name of commission?
How much did Türkiye Sigorta lose during this process?
Who are responsible for the 44.3% drop in shares and the company's loss of value?
When will the postponed balance sheet disclosure be made?
“Those responsible must be held accountable one by one”
Demanding an explanation regarding the loss of value experienced by Türkiye Sigorta and the debts seen in the financial statements, Çömez reacted to public institutions becoming the focus of rent-seeking relationships.
Çömez concluded his post with the following statements:
“No one has the right to turn our distinguished state institutions into a 'rent-seeking area for gangs'.
Those responsible must be held accountable one by one!”
Türkiye Sigorta's balance sheet disclosure planned for October 19, 2026, was not made. The resignation of former General Manager Taha Çakmak was cited as the reason for this. Since October 12, there has been a 44.3% drop in TURSG shares. The loss for investors is huge. When we look at the financial statement of Türkiye Sigorta A.Ş. as of December 31, 2025; it is understood that it has a debt of 11 billion liras to İstanbul Takas ve Saklama Bankası A.Ş. and ICBC Standard Bank Plc. As of June 30, 2026, it is seen in the financial statements that the total debt to ICBC Standard Bank Plc and Goldman Sachs International is 15 billion 656 million liras. Now we ask: Why did Türkiye Sigorta A.Ş. take on debt and why did it borrow so much from foreign banks? Were the borrowed funds invested in funds? Why were they invested in (risky) private funds instead of state funds? What kind of relationship network was established with whom while these transactions were being carried out? How much was received as bribes under the name of commission? How much did Türkiye Sigorta A.Ş. lose during this process? Who are responsible for the 44.3% drop in shares since October 12 and this dramatic loss of value of Türkiye Sigorta A.Ş.? When will the postponed balance sheet disclosure be made? No one has the right to turn our distinguished state institutions into a 'rent-seeking area for gangs'. Those responsible must be held accountable one by one!
— Turhan Çömez (@ComezTurhan) October 28, 2026
News Source: 12punto
