In the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, it was calculated that the total earnings of 214 individuals and legal entities, who were determined to have generated high returns from three funds, amounted to 187 billion 653 million liras.
According to the examinations included in the file, the total earnings of 141 individuals identified as having generated earnings of over 100 million liras were determined to be 100 billion 676 million liras, while the earnings of 73 legal entities were determined to be 86 billion 977 million liras.
DISTRIBUTION OF EARNINGS IN THE THREE FUNDS
Within the scope of the investigation, transactions related to Tera, Pusula, and Hedef Portföy funds were examined. It was recorded that in Tera funds, 102 individuals generated approximately 28 billion liras in earnings, while 38 legal entities generated approximately 62 billion 77 million liras.
It was stated that in Pusula funds, 19 individuals generated approximately 69 billion 700 million liras, and 20 legal entities generated approximately 10 billion liras. In Hedef Portföy funds, it was stated that 20 individuals generated approximately 2 billion 976 million liras, and 15 legal entities generated approximately 14 billion 900 million liras.
According to the statement by Minister of Justice Akın Gürlek, individuals who exited the funds by selling their holdings, particularly on September 13, 14, 15, and 16, have been placed under investigation. In line with the findings in the investigation file, it is assessed that some individuals exited the funds having had prior information.
It was reported that the identified names have been notified to the Savings Deposit Insurance Fund (TMSF), and the official notification process regarding the refund of the money has been initiated for the individuals on the list. It was stated that the funds to be collected will be pooled in accounts created for the victims.
Although some names have been reflected in the public domain within the scope of the investigation, the entire list of individuals under examination has not been officially disclosed. It was reported that the judicial process is ongoing.
Minister of Treasury and Finance Mehmet Şimşek announced that 17 funds open to TEFAS have been liquidated and that the money of 43 thousand fund investors has been deposited into the relevant banks. Stating that problems were experienced in 131 funds, Şimşek said that additional regulations will be made to prevent similar situations from happening again.
News Source: 12punto
