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Ali Babacan Calls for Resignation over the Funding Crisis: 'A Driver Who Has Had an Accident Shouldn't Be Allowed to drive.'

Summary by Cumhuriyet
DEVA Party leader Ali Babacan criticized the government regarding the fund crisis, stating that the committee chaired by Vice President Cevdet Yılmaz was incapable of managing the crisis. Babacan also argued that the leadership of the Capital Markets Board (SPK) and the Istanbul Stock Exchange (BIST) should be changed and called for their resignations.

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Lean Left

DEVA Party leader Ali Babacan criticized the government regarding the fund crisis, stating that the committee chaired by Vice President Cevdet Yılmaz was incapable of managing the crisis. Babacan also argued that the leadership of the Capital Markets Board (SPK) and the Istanbul Stock Exchange (BIST) should be changed and called for their resignations.

·Istanbul, Türkiye
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DEVA Party leader Ali Babacan criticized the government regarding the funding crisis. Stating that the committee chaired by Vice President Cevdet Yılmaz was incapable of managing the crisis, Babacan called for his resignation.

DEVA Party Chairman Ali Babacan, regarding the "funding crisis," argued that the necessary precautions were not taken before the crisis, saying, "It is very serious that this matter was allowed to continue for so long, or that there was negligence or a kind of shared interest involved." Responding to journalists' questions at a reception held in the Ceremonial Hall by the Speaker of the Grand National Assembly of Turkey to mark the beginning of …

DEVA Party leader Babacan made striking statements regarding the ongoing fund scandal at a reception in the Turkish Grand National Assembly. Calling for the resignation of the Capital Markets Board (SPK) and the Istanbul Stock Exchange (BIST) administrations, Babacan stated, "You don't let a driver who's had an accident drive again." Criticizing the committee headed by Vice President Cevdet Yılmaz with the words "this crisis cannot be solved wit…

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Karar Gazetesi broke the news on Thursday, October 1, 2026.
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