Türkiye's Capital Markets Will Be Cleansed of 'Greedy Parasites': Erdoğan

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Recep Tayyip Erdogan says State Supervisory Council is investigating the issue and pledges authorities will not tolerate negligence, legal violations or misconduct

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The Turkish authorities are taking decisive measures to pay funds as soon as possible to citizens affected by problems in the investment fund market, President Recep Tayyip Erdogan said. “We are taking the necessary steps to pay our citizens as soon as possible without creating a burden on the state,” Erdogan said at the opening of the new legislative year in Ankara, RIA Novosti reports. According to him, the judicial authorities are dealing wit…

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President Erdoğan stated that the necessary steps regarding the fund market have been taken, adding, "When the process is complete, the greedy parasites that feed off small investors will be eliminated."

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Turkey's capital markets will find their way out of the current turmoil with funds, cleared of greedy parasites, Turkish President Recep Tayyip Erdogan has said. He promised that the government would implement all necessary measures to solve the emerging crisis.

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Erdogan stressed that the new parliamentary term must be based on a spirit of cooperation and responsibility, calling on the opposition to adopt a more constructive stance.