Turkish Politician Asked to Return Gains in Fund Crisis, AA Says
39 Articles
39 Articles
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...
Turkish Politician Asked to Return Gains in Fund Crisis, AA ...
Former Speaker of the Turkish Grand National Assembly, Bülent Arınç, commented on the "fund crisis" in the capital markets. Stating that a loss of 800 billion Turkish Lira was mentioned, Arınç said that the amount of money promised to be collected did not even reach 8 billion Turkish Lira. He argued that those responsible should be brought to justice.
Former Speaker of the Turkish Grand National Assembly, Bülent Arınç, stated in his remarks regarding the "funding crisis": "We will pursue this to the end, let's see what comes out of it. Let's hold everyone accountable. We're talking about a loss of 800 billion [Turkish Lira]. The money to be collected from various sources isn't even 8 billion. Who will pay the rest, who is responsible for this? They all need to be exposed."
Yılmaz Says No Treasury Funds Will Be Used for Fund Payments
Türkiye’s Vice President Cevdet Yılmaz said Treasury resources will not be used to cover losses arising from the liquidation of troubled investment funds, adding that payments will be financed primarily through the funds’ own assets and recovered proceeds. Speaking at the General Assembly of the Grand National Assembly of Türkiye (TBMM), Yılmaz provided an update …
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. 🚆
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