Cevdet Yılmaz's Statement on the Fund Investigation: 'Please Let's Not Attach Too Much Importance to This issue.'
18 Articles
18 Articles
Vice President Cevdet Yılmaz, in a statement to the Grand National Assembly regarding the fund investigation, said that there was no systemic risk in the financial markets. Yılmaz stated that no funds from the Treasury would be used in the liquidation process, that investor payments would be made primarily from the funds' own resources, and that priority would be given to small investors.
Breaking news... Vice President Cevdet Yılmaz briefed the Grand National Assembly on the investigation into the fund. Emphasizing that the foundations of the Turkish economy are strong, Yılmaz stated that priority will be given to small investors. He also said that Treasury funds will not be used...
Deputy President Cevdet Yılmaz informed about the funds at the General Assembly of the Assembly. Yılmaz said that the treasury resources will not be used, stating that the liquidated funds will use their own resources. Yılmaz also announced the date on which some payments of funds will be made.
Cevdet Yılmaz Announced: Fund Investors to Receive Interim Payments of Up to 1 Million Turkish Lira.
Breaking news... Vice President Cevdet Yılmaz, in a statement to Parliament regarding developments in the fund markets, said, "There is no risk in the financial market," and stated that Treasury resources would not be used to cover private losses incurred during this process. 🚆
The company announced that repayments to investors in funds undergoing liquidation will begin in October. The first payments to approximately 44,000 investors in 17 funds will be made on Thursday.
Speaking about the fund investigation, Vice President Cevdet Yılmaz announced that payments to 43,643 investors in 17 funds under the A1 Capital, Bulls, and Pardus umbrella, which are currently undergoing liquidation, will be made on Thursday. Stating that there is no risk in the financial system, Yılmaz said that Treasury funds will not be used, priority will be given to small investors, and the entire process will be completed within 5-6 month…
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