MASAK report in Alihan Kuriş investigation: Money traffic exceeding 66 billion liras detected in companies

In the first MASAK report prepared as part of the "Alihan Kuriş criminal organization" investigation conducted by the Ankara Chief Public Prosecutor's Office, remarkable money movements were detected in companies and organizations considered to be linked to the suspects.

The 168-page report stated that the banking transaction volume of Güleryüz Kuyumculuk Turizm ve Otomotiv AŞ reached 66 billion 211 million liras between 2017 and 2026. During the same period, 17.26 billion liras in funds were recorded entering the company's accounts, while 18.32 billion liras were recorded as outflows. The total of cash deposits was calculated at 26 billion 213 million liras, and the total of cash withdrawals at 4 billion 415 million liras.

The MASAK investigation revealed that these financial movements were not limited to a single company; it was reported that there was intense money traffic between organizations such as İstanbul Hisar Turizm, İstanbul Hisar Sağlık Yatırım, Akdeniz Toros Et ve Et Mamulleri, Ümran Eğitim, and the Gümüşsoy Sevim Kuran Okutma Foundation.

HIGH-VALUE TRANSFERS ENTERED THE REPORT

According to the report, transactions by İstanbul Hisar Turizm ve Ticaret AŞ involving foreign countries were also subject to examination. It was noted that in the company's foreign-linked transactions of 1 million liras and above, money outflows linked solely to Saudi Arabia and the United Arab Emirates reached approximately 8 billion liras.

In transactions linked to Saudi Arabia, 4 billion 863 million 884 thousand 701 liras in outflows and 189 million 358 thousand liras in inflows were detected. Outflows linked to the United Arab Emirates were recorded as 3 billion 163 million 164 thousand 102 liras. The report also mentioned money outflows to countries such as Israel, Uzbekistan, India, the USA, Kazakhstan, Morocco, Spain, England, Jordan, Bosnia and Herzegovina, Sri Lanka, Indonesia, Germany, and Albania.

A remarkable finding was also included regarding İstanbul Hisar Sağlık Yatırım ve Turizm Ticaret AŞ, which was established on November 18, 2025, with a capital of 1 billion 358 million 236 thousand 351 liras. MASAK records stated that the company's total banking transaction volume remained at the level of only 34 thousand 176 liras, its gross and net sales appeared as zero, and no records of goods purchases or sales were encountered.

In the report, the lack of active commercial activity despite the very high capital was described as "quite remarkable." It was stated that the majority of the company's capital was used to finance the "subsidiaries" account, but the company in which it was a partner could not be reached from the relevant records.

FOREIGN CURRENCY INFLOWS AND CASH WITHDRAWALS

High-value foreign currency movements from abroad were also detected in the accounts of Akdeniz Toros Et ve Et Mamulleri Sanayi ve Dış Ticaret AŞ. According to the report, 2.5 million dollars and 2.6 million dollars were deposited one day apart in July 2018, originating from FIDATO General Trading; high-value cash withdrawals were made from the account the following day.

The report included that after an inflow of 2 million 365 thousand dollars originating from "Shanghai Omega FZE" on January 12, 2017, a similar amount was withdrawn in cash; and 2 million 250 thousand dollars that came from FIDATO on September 26, 2019, was transferred to İstanbul Hisar Turizm and Çamlıca Basım Yayın four days later.

It was reported that numerous high-value cash deposit transactions were seen in the accounts of İstanbul Hisar Turizm between 2017 and 2024, and that some dollar-denominated inflows contained delivery descriptions made on behalf of "partner İrfan Yılmaz." The MASAK report assessed that "the source of the high cash inflows, especially those that emerged in 2024, needs to be clarified."

The report also stated that Ümran Eğitim AŞ had over 1 billion liras in inflows and hundreds of millions of liras in outflows between 2017 and 2026. It was noted that transfers were made to other companies on the same day or the following days after cash was deposited into the account or money was received from associations and foundations.

Among the transactions examined by MASAK were transfers described as "sacrificial animal money." According to the report, 9 million 300 thousand liras were sent to Mehmet Toktaş on June 1, 2026, with the description "46 Cattle Sacrifice Payment"; the same amount was returned the next day with a "wrong money transfer" note, and then the same amount was transferred to Ahmet Seven with the description "Producer 46 Cattle Sacrifice Payment."

The banking transaction volume of the Gümüşsoy Sevim Kuran Okutma Foundation between 2017 and 2026 was recorded as approximately 567 million liras. It was stated that high-value transfers were made to various companies following money received into the foundation's accounts, cash deposits, and inflows described as "donations."

The MASAK report stated that there were intense connections between the examined companies and organizations in terms of both bank transfers and records of goods purchases and sales. The report included the assessment that "a suspicion has arisen that financial transactions whose source is doubted may have been carried out as a result of an organized effort."

The Ankara Chief Public Prosecutor's Office had issued detention warrants for 49 suspects on August 13 as part of the investigation, and 33 suspects were apprehended. The Chief Public Prosecutor's Office had announced that the investigation was being conducted on charges of "establishing and managing a criminal organization," "being a member of a criminal organization," "laundering assets derived from crime," "fraud to the detriment of public institutions and organizations," and "opposition to the Tax Procedure Law."

News Source: 12punto