After Muhammed Yarız's Yacht and Private Jet, 5 More Luxury Vehicles Have Also Surfaced - Sözcü Newspaper
15 Articles
15 Articles
As part of the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, and in collaboration with MASAK (Financial Crimes Investigation Board), 750 million TL was seized. Five luxury vehicles, worth approximately 200 million TL and belonging to Muhammed Yarız (whose yacht and jet were previously revealed), were also seized and displayed in front of the police headquarters.
Five luxury vehicles belonging to Muhammed Yarız, the Chairman of the Board of Pusula Portfolio Management, who was arrested in the fund investigation, were seized. It was determined that the vehicles, worth approximately 200 million TL, were transferred to four different individuals for a total of 26,280 TL as "vehicle sale price".
It has emerged that five luxury vehicles, allegedly belonging to Muhammed Yarız, the chairman of Pusula Portfolio Management, who was arrested as part of the capital markets investigation, were transferred to different individuals prior to the investigation. The total value of the seized vehicles is estimated to be over 200 million TL.
In the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, it was determined that 5 luxury vehicles with a market value of approximately 200-220 million Turkish Lira were transferred to 4 individuals for a total of 26,280 Turkish Lira. While the vehicles were seized, 4 vehicles were taken into custody; efforts are underway to locate the 1st vehicle. The suspicious transfers were uncovered during an investigation by MAS…
Five luxury vehicles belonging to Muhammed Yarız, the Chairman of Pusula Portfolio Management, who is under arrest in the fund investigation, have been seized. According to the MASAK report, the vehicles, with a total market value of approximately 200-220 million TL, were transferred to four different individuals on September 7-8. It was determined that only 26,280 TL was sent to Yarız's account with the explanation "vehicle sale price" in conne…
The transfer of ownership of five luxury vehicles belonging to Muhammed Yarız, Chairman of the Board of Pusula Portfolio Management Inc., who was arrested in the fund investigation, has been placed under scrutiny. It has emerged that these five luxury vehicles, valued at between 200 and 220 million TL, were illegally transferred prior to the investigation with the intention of concealing assets, and were subsequently sold for 26,000 TL. As a res…
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