Ümit Özdağ's Response to Mehmet ŞImšek's 'Crisis of Funds': 'Why Haven't You Taken Any Measures in 11 Months? '
5 Articles
5 Articles
The leader of the Victory Party, Ümit Özdağ, reacted to the Treasury and Finance Minister Mehmet Simsek over the investigation into stock market and money market funds. Özdağ recalled Simsek's statements that “manipulative transactions and speculations were carried out on some investment and stock funds” and said, “Despite this, why did you not take any measures in the last 11 months?” he asked.
Victory Party leader Ümit Özdağ criticized Treasury and Finance Minister Mehmet Şimşek over the investigation into stock market and money market funds.
Victory Party leader Ümit Özdağ criticized Treasury and Finance Minister Mehmet Şimşek over developments in the capital markets. Recalling Şimşek's statement in November 2025 that they were aware of manipulative transactions in some investment and equity funds, Özdağ asked, "Despite this, why haven't you taken any measures in the 11 months that have passed?"
Victory Party leader Ümit Özdağ criticized Minister Mehmet Şimşek, stating that approximately $20 billion belonging to 517,000 citizens had disappeared from money market funds. Özdağ reminded Şimşek of his statement regarding manipulation and questioned why no measures were taken in the 11 months since.
Ümit Özlale, a New Party MP from Izmir, brought allegations of "coordinated transactions" in some investment funds and stocks, and the artificial inflation of prices and volumes, to the Parliament's agenda with a motion containing 25 questions.
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