Turkish Politician Asked to Return Gains in Fund Crisis, AA Says
21 Articles
21 Articles
Turkish Politician Asked to Return Gains in Fund Crisis, AA ...
The funding crisis in Turkey and developments in the financial markets were also reflected in the assessments of international credit rating agencies. While Moody's saw the credit risk from the funding crisis as limited, it drew attention to supervisory gaps, while Fitch pointed to increasing risks in the Turkish banking sector.
International ratings agencies Moody's and Fitch have pointed to audit gaps in the fund crisis and growing risks in banking. Commenting on the assessments, Economist Mahmut Aydoğmus noted that the two stimuli should be read together, “Precautions should be taken before the yellow light turns red.”
Özgür Özel, the leader of the New Party, listed the names of those involved in the fund investigation that has dominated Türkiye's agenda, stating, "These people are too important to be arrested. They are too big a bite to even enter the detention center. That's why they were released from the prosecutor's office."
DEM Party Co-Chair Tuncer Bakırhan criticized the government, the judicial process, and the SPK (Capital Markets Board) management regarding the fund crisis during his party's group meeting. Asking why the precautionary measures placed on the assets of relatives of some AKP (Justice and Development Party) officials were lifted shortly after, Bakırhan demanded the establishment of a commission in the Turkish Grand National Assembly to investigate…
Tuncer Bakırhan said, "Why doesn't the judicial system, which even detains young people for making jokes, detain AKP members? This country has lost 20 billion dollars, and yet no one has come under the radar of the judiciary."
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