Vice President Yılmaz: 15 Investigators Have Been Appointed in the Investigation of Funds
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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 …
Following the fund fraud, the Chairman of the Fund Coordination Board and Vice President Cevdet Yılmaz shared the latest situation regarding the investigations conducted by the State Audit Board. Speaking at the Anadolu Agency Editorial Desk, Yılmaz made assessments about the audits, arrests, and the payment schedule for the victimized investors. He stated that approximately 15 auditors within the State Audit Board are investigating all relevant…
Yılmaz stated, "No one should cast a shadow on these markets. No one should portray the investment made here as if it were a crime. Those who do this harm this country." Providing information about the liquidation process, Yılmaz explained, "These 131 funds constitute 4.6% of the total funds." He added, "17 of the 131 funds have been liquidated." Yılmaz noted that three funds were liquidated under normal conditions, saying, "Three funds were liq…
“Neither in ordinary liquidation nor in extraordinary liquidation, there is no question of using public resources,” said Deputy President Cevdet Yılmaz, who made a statement about the fund investigation. Yılmaz also said, “The Fund Coordination Board was established, important decisions were taken. The State Supervisory Board was appointed. With a total of about 15 inspectors, the inspector and DDK have started their multi-faceted work in the fi…
Deputy President Cevdet Yılmaz made noteworthy statements regarding the investigation into funds in the capital markets. Stating that investigations into allegations of illicit gains are ongoing, Yılmaz announced that the State Audit Board has begun fieldwork in the relevant institutions with approximately 15 auditors and inspectors.
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