Türkiye Says 17 Funds Settled, Eyes Atlas Deal This Week
27 Articles
27 Articles
Breaking news - Interior Minister Mustafa Çiftçi, speaking on KON TV in Konya, made statements regarding compensation for citizens who suffered losses as a result of the fund investigation. Minister Çiftçi stated that the payments to the victims will not come from the state budget, but from unjust enrichment funds...
Interior Minister Mustafa Çiftçi stated that the grievances related to the fund crisis would be partially addressed with money recovered from those who profited unfairly, and that no payments would be made from the state budget. Çiftçi also announced that preparations for relevant legislation were underway.
Vice President Cevdet Yılmaz stated that those who initially withdrew their earnings equal to their principal amount in the fund liquidation process will not receive payments, adding, "They are not victims."
BOLD – Vice President Cevdet Yılmaz once again stated that public resources will not be used to address the grievances in the fund scandal. Stating that there is no state guarantee in fund markets like in the banking system, Yılmaz said, "The use of public resources is out of the question, neither in ordinary liquidation nor in extraordinary liquidation." Yılmaz added that there are precautionary measures in place regarding 7 companies and 131 f…
Vice President Cevdet Yılmaz reiterated that public funds would not be used to address the grievances in the fund scandal. Yılmaz stated, “Neither in ordinary liquidations nor in extraordinary liquidations will public funds be used. (...) No one should cast a shadow on these markets. No one should portray the investments made here as if they were a crime.” The article, titled “Cevdet Yılmaz: There is no state guarantee, public funds will not be …
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