Statement from Mehmet Şimşek on fund investigation: No action will be taken against unrelated individuals and companies

Minister of Treasury and Finance Mehmet Şimşek made a statement on his social media account regarding the investigation process in the fund market. Şimşek stated that the legal process against those involved in market-disrupting activities is ongoing, and expressed that no action will be taken against individuals and companies that have no connection to these activities.

Şimşek emphasized that protecting the investment, employment, production, and export capacity of the real sector is their priority. He reported that necessary measures will continue to be taken to ensure that the process does not have negative repercussions on the financial system and the real economy.

In his statement, Şimşek included the following: “The legal process against those involved in market-disrupting activities is ongoing, and no action will be taken against individuals and companies that have no connection to these activities.”

Minister Şimşek also stated that the legitimate rights of fund investors are being protected in coordination with the Ministry of Justice. Şimşek noted that necessary steps, primarily regarding the liquidity needed by the market, will be taken.

Şimşek's statement is as follows:

"Protecting the investment, employment, production, and export capacity of our real sector is our priority. The legal process against those involved in market-disrupting activities is ongoing, and no action will be taken against individuals and companies that have no connection to these activities. We are protecting the legitimate rights of our fund investors in coordination with our Ministry of Justice. We will continue to take the necessary measures, primarily the liquidity needed by the market, to ensure that developments do not have negative repercussions on the financial system and the real economy. It is important for the public to follow the statements of our authorized institutions regarding the process."

News Source: 12punto