Özgür Karabat's Response to the 'Funding Crisis': 'The Fundamental Raw Material of the Capital Market Is trust.'
4 Articles
4 Articles
Özgür Karabat, a New Party Istanbul MP, stated that the "fund crisis" in the stock market is not only a financial crisis but also an institutional trust issue, saying, "The problem was known, why couldn't it be prevented from reaching this point? What Turkey needs is transparency, accountability, and independent and timely audits." Karabat emphasized that trust is the fundamental raw material of the capital market, drawing attention to the fact …
Özgür Karabat, a New Party Istanbul MP, stated that the "funding crisis" in the stock market is not only a financial crisis but also an institutional trust issue, asking, "The problem was known, why couldn't it be prevented from reaching this point?"
Economist Erdal Sağlam, on the "Mesele Ekonomi" (Economy Issues) program, assessed the 900 billion TL fund crisis that came to the forefront with the liquidation of 131 funds. Emphasizing that the crisis was foreseeable, Sağlam explained the legal chaos awaiting 500,000 investors and the enormous risks that will be reflected in the markets, using direct quotes.
YENİ Party Istanbul MP Özgür Karabat stated that the introduction of 131 funds into the liquidation process was a matter of institutional trust. Karabat called for transparency and independent auditing, drawing attention to international investors' concerns about the Turkish market.
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