Fund Investigation Reveals Allegations of Foreign Money Laundering: A Route Extending From Switzerland to Dubai Is Being Examined.
5 Articles
5 Articles
It has been alleged that the investigation into the fund extended beyond Turkey's borders to include offshore money and share movements. It is stated that the prosecution is scrutinizing money transfers through individuals and companies linked to Pusula and TERA, extending to Switzerland, Luxembourg, London, Dubai, and the British Virgin Islands.
The investigation of funds by the Istanbul Public Prosecutor's Office extended to international currency and stock movements. Compass executives have been identified as handing billions of shares to Luxembourg and Switzerland, while the London-Dubai-Virgin Islands line of Tera-linked companies is under the spotlight.
It has emerged that the managers of Pusula and Tera Portfolio transferred their funds to the Virgin and Seychelles islands. Türkiye has taken action regarding the funds transferred to both the islands and various other countries.
Dilek Güngör, a columnist for Sabah newspaper, traced the movements of fund fraudsters through their companies and partners abroad, revealing the whereabouts of their money in tax havens.
In the fund investigation, overseas money and share movements have been scrutinized. Sabah newspaper columnist Dilek Güngör wrote that the money flows related to names and companies linked to Pusula and Tera extend to Luxembourg, Switzerland, London, Dubai, Seychelles, and the British Virgin Islands. According to Güngör, the prosecutor's office is working to identify assets believed to have been transferred to offshore centers.
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