EconomyTurkey stock market manipulation scandal hits nearly half a million investors

Turkey’s BIST 100 index fell 6% in one day in mid-September and about 12% over several trading days, affecting roughly 455,000 investors. Regulators shut funds run by seven asset managers, with 131 funds slated for liquidation. More than 45 people have been arrested, assets linked to 42 individuals and 46 entities frozen, and a senior AKP politician has resigned. Prosecutors are investigating alleged fraud, capital-markets violations and criminal organisation charges.

Turkey stock marketmarket manipulationinvestment fundsfinancial regulation

DDW★★★☆☆2026-10-02 04:32Original