{"id":2168145,"date":"2026-09-28T10:09:23","date_gmt":"2026-09-28T07:09:23","guid":{"rendered":"https:\/\/analyse.optim.biz\/?p=2168145"},"modified":"2026-09-28T10:09:23","modified_gmt":"2026-09-28T07:09:23","slug":"turkey-lifts-asset-freezes-in-fund-probe-as-ruling-party-deputy-chair-quits-amid-share-trading-allegations","status":"publish","type":"post","link":"https:\/\/analyse.optim.biz\/?p=2168145","title":{"rendered":"Turkey lifts asset freezes in fund probe as ruling-party deputy chair quits amid share trading allegations"},"content":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/93\/02\/96\/1200x675_cmsv2_5d28a5c1-c020-5d25-a575-297ddb670115-9930296.jpg&#8221;]<\/p>\n<article id=\"abe-2929257-pos1-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2929257\" data-cid=\"9930935\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929257-label-pos1-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/06\/59\/189x106_cmsv2_481243db-72ed-5d8c-9e53-baf6e321c101-9930659.jpg\" loading=\"lazy\" alt=\"Ukraine will submit the issue of the humanitarian crisis in Oleshky to the UN General Assembly, the Foreign Ministry says.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Ukraine<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Ukraine&#8217;s city of Oleshky faces starvation as Russia blocks all aid\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929197-pos2-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2929197\" data-cid=\"9930887\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929197-label-pos2-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/02\/97\/189x106_cmsv2_f1c13725-d6f3-5505-9642-954aea07359b-9930297.jpg\" loading=\"lazy\" alt=\"A group of people protest after Maricarmen&apos;s eviction to demand stricter laws protecting tenants in Madrid on 26 September 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Spain&#8217;s housing crisis: Key points after the Maricarmen protests\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929311-pos3-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2929311\" data-cid=\"9930872\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929311-label-pos3-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/08\/72\/189x106_cmsv2_417de9fa-1bb3-5a77-811e-fee03a710e70-9930872.jpg\" loading=\"lazy\" alt=\"Smoke rises from the National Academy of science building damaged after a Russian drone strike on central Kyiv, Ukraine, Monday, Sept. 28, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Russia strikes Ukraine&#8217;s National Academy of Sciences\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929259-pos4-c-latest-stories\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2929259\" data-cid=\"9930664\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929259-label-pos4-c-latest-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/06\/64\/189x106_cmsv2_ccd9ec39-1214-5a95-a2f2-72b6f8aa5a4d-9930664.jpg\" loading=\"lazy\" alt=\"FILE. TotalEnergies headquarters pictured in La Defense business district, Paris, 22 September 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<div class=\"the-media-object__title  \">\n<p>    TotalEnergies raises buybacks to $2.5bn and promises higher dividends\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929257-pos1-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2929257\" data-cid=\"9930935\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929257-label-pos1-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/06\/59\/189x106_cmsv2_481243db-72ed-5d8c-9e53-baf6e321c101-9930659.jpg\" loading=\"lazy\" alt=\"Ukraine will submit the issue of the humanitarian crisis in Oleshky to the UN General Assembly, the Foreign Ministry says.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Ukraine<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Ukraine&#8217;s city of Oleshky faces starvation as Russia blocks all aid\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929197-pos2-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2929197\" data-cid=\"9930887\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929197-label-pos2-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/02\/97\/189x106_cmsv2_f1c13725-d6f3-5505-9642-954aea07359b-9930297.jpg\" loading=\"lazy\" alt=\"A group of people protest after Maricarmen&apos;s eviction to demand stricter laws protecting tenants in Madrid on 26 September 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Spain&#8217;s housing crisis: Key points after the Maricarmen protests\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929311-pos3-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2929311\" data-cid=\"9930872\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929311-label-pos3-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/08\/72\/189x106_cmsv2_417de9fa-1bb3-5a77-811e-fee03a710e70-9930872.jpg\" loading=\"lazy\" alt=\"Smoke rises from the National Academy of science building damaged after a Russian drone strike on central Kyiv, Ukraine, Monday, Sept. 28, 2026.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Europe News<\/p>\n<div class=\"the-media-object__title  \">\n<p>    Russia strikes Ukraine&#8217;s National Academy of Sciences\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article id=\"abe-2929259-pos4-c-latest-stories-sidebar\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2\" data-nid=\"2929259\" data-cid=\"9930664\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929259-label-pos4-c-latest-stories-sidebar\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/06\/64\/189x106_cmsv2_ccd9ec39-1214-5a95-a2f2-72b6f8aa5a4d-9930664.jpg\" loading=\"lazy\" alt=\"FILE. TotalEnergies headquarters pictured in La Defense business district, Paris, 22 September 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<div class=\"the-media-object__title  \">\n<p>    TotalEnergies raises buybacks to $2.5bn and promises higher dividends\n  <\/p><\/div>\n<\/div>\n<\/article>\n<article class=\"helper-site-row o-article-newsy\">\n<div class=\"helper-site-container o-article-newsy__container\">\n<div class=\"o-article-newsy__main\">\n<header class=\"h-grid o-article-newsy__main__header\">\n<nav aria-label=\"Breadcrumbs\" class=\"c-article-breadcrumbs\">\n<div id=\"adb-article-breadcrumb\" class=\"c-article-breadcrumbs__list\">\n<p>                          Business<\/p>\n<p>                          Markets<\/p><\/div>\n<\/nav>\n<h1 class=\"c-article-redesign-title\">\n                            Turkey lifts asset freezes in fund probe as ruling-party deputy chair quits amid share trading allegations<\/h1>\n<div class=\"c-article-image-video u-position-relative \">\n<div class=\"js-superdiv u-aspect-ratio-16x9 u-position-relative \" data-controller=\"video-player\" data-sponsored=\"Partner content\"><img fetchpriority=\"high\" decoding=\"async\" class=\"js-poster-img c-article-media__img\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/02\/96\/1536x864_cmsv2_5d28a5c1-c020-5d25-a575-297ddb670115-9930296.jpg\" width=\"1536\" height=\"864\" loading=\"eager\" alt=\"FILE - Fatma Betul Sayan Kaya, Turkey&apos;s Minister of Family Affairs, speaks to the media at Ataturk Airport in Istanbul on 12 March 2017. \"><\/div>\n<div class=\"c-article-caption u-position-absolute\"><i id=\"article-caption-content\" class=\"c-article-caption__content\"><span class=\"c-article-caption__text\"><br \/>\n              FILE &#8211; Fatma Betul Sayan Kaya, Turkey&#8217;s Minister of Family Affairs, speaks to the media at Ataturk Airport in Istanbul on 12 March 2017.<br \/>\n                    <span class=\"u-color-white\">&#8211;\u00a0<\/span><span class=\"c-article-caption__copyright\">Copyright\u00a0<\/span><span class=\"c-article-caption__credit\">AP Photo, File<\/span><\/span><\/i><\/div>\n<div class=\"c-article-image-copyright c-article-image-copyright--novideo\">\n      Copyright\u00a0AP Photo, File\n  <\/div>\n<\/div>\n<\/header>\n<div class=\"h-grid o-article-newsy__main__body u-article-content\">\n<div class=\"o-article-newsy__contributors-publication-date\">\n<div class=\"c-article-contributors\">\n  By&amp;nbspDoloresz Katanich&amp;nbspwith&amp;nbsp<b>AP<\/b><\/div>\n<div class=\"c-article-publication-date\" data-timestamp=\"1790590163\">\n                    Published on                 <time datetime=\"2026-09-28 12:09:23 +02:00\">28\/09\/2026 &#8211; 12:09 GMT+2<\/time><span class=\"c-article-publication-date__bullet\">\u2022<\/span>Updated<br \/>\n                                     <time datetime=\"12:11\">12:11<\/time><\/div>\n<\/div>\n<div 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height=\"24\" alt=\"bluesky\" loading=\"lazy\"><span>Bluesky<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-bluesky.svg\" width=\"48\" height=\"48\" alt=\"bluesky\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"24\" height=\"24\" alt=\"threads\" loading=\"lazy\"><span>Threads<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-threads.svg\" width=\"48\" height=\"48\" alt=\"threads\" class=\"u-show-for-desktop\" loading=\"lazy\"><span class=\"u-display-flex u-gap-1 u-show-for-mobile-only\"><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"24\" height=\"24\" alt=\"whatsapp\" loading=\"lazy\"><span>Whatsapp<\/span><\/span><img decoding=\"async\" src=\"https:\/\/static.euronews.com\/website\/images\/vector\/social-icons\/article-redesign-whatsapp.svg\" width=\"48\" height=\"48\" alt=\"whatsapp\" class=\"u-show-for-desktop\" loading=\"lazy\"><\/div>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"c-article-summary\">\n        Turkish prosecutors have lifted asset restrictions on 45 companies and 19 funds amid an investment fund crisis affecting more than 450,000 investors. The decision comes after a deputy chair of President Recep Tayyip Erdo\u011fan\u2019s ruling party resigned amid allegations about her share trading.<br \/>\n    <\/h2>\n<div class=\"c-article-content c-article-content--business js-article-content\">\n<p>Turkish prosecutors have lifted asset restrictions on companies and funds named in an investigation into the country\u2019s investment fund crisis. More than 450,000 investors hold stakes in funds worth more than $18 billion that are now being liquidated.<\/p>\n<div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt loading=\"lazy\"><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<p>As part of the investigation into investment funds and suspected market manipulation, authorities froze the assets of 46 legal entities, 18 funds and 42 individuals over the weekend, according to Justice Minister Ak\u0131n G\u00fcrlek.<\/p>\n<p>Following a new assessment by the Capital Markets Board, the Istanbul Chief Public Prosecutor\u2019s Office lifted restrictions on 45 companies and 19 funds. Measures against individuals remain in place.<\/p>\n<p>Treasury and Finance Minister Mehmet \u015eim\u015fek said protecting investment, employment, production and exports was a priority. He said legal proceedings against those involved in activity that distorted the market would continue, while people and companies unconnected to it would not face action.<\/p>\n<p>The decision followed the resignation of Fatma Bet\u00fcl Sayan Kaya, a deputy chair of President Recep Tayyip Erdo\u011fan\u2019s ruling AK Party. She said late on Saturday that she had asked to step down amid the widening investment fund crisis.<\/p>\n<p>Kaya, who also served Kaya, who served as Turkey &#8216;s family and social affairs minister from 2016 to 2018, stepped down after being accused of selling shares worth tens of millions of dollars shortly before the stock market plunged. AK Party spokesman \u00d6mer \u00c7elik said on Sunday that Erdo\u011fan had accepted her resignation.<\/p>\n<p>&#8220;We declare that all those who are involved in irregularities, corruption, abuse or anything that causes harm will be held accountable,&#8221; \u00c7elik added.<\/p>\n<p>Turkish stocks plunged on 16 September amid suspected share-price manipulation involving several investment funds.<\/p>\n<div class=\"c-widget-related\" data-stories-id data-event=\"widget_related\">\n<div class=\"c-widget-related__title\"><b class=\"c-widget-related__title__text\" lang=\"en\">Related<\/b><\/div>\n<ul class=\"c-widget-related__list\" id=\"abe-article-related-1\">\n<li class=\"c-widget-related__item\">Turkey arrests Tera chairman as \u2018Ponzi-like\u2019 fund probe affects 450,000 investors<\/li>\n<\/ul>\n<\/div>\n<p>Opposition New Party spokesman Zeynel Emre alleged that Kaya had received some 1.3 billion Turkish lira (\u20ac23.3 million) when she sold shares shortly before the plunge. Emre also claimed that Kaya had bought the shares, most of them in shipbuilding company \u00d6zata Denizcilik, for 63.4 million lira (\u20ac1.1 million) in April.<\/p>\n<p>Emre questioned the timing of the sales, alleging that Kaya had received advance information about the impending market turmoil.<\/p>\n<p>Kaya has not responded directly to the allegations. She said she was stepping down so the claims could be \u201cclarified\u201d and asked forgiveness from Erdo\u011fan, who also chairs the AKP.<\/p>\n<h3>How the fund crisis unfolded<\/h3>\n<p>The crisis began after tighter rules introduced by the Capital Markets Board on 28 August were followed by withdrawals from some investment funds. Several held large stakes in thinly traded shares, making it difficult to sell those holdings quickly without pushing prices down. As funds struggled to meet withdrawal requests, selling pressure grew, and Turkish stocks fell sharply on 15 and 16 September.<\/p>\n<p>On 17 September, the Capital Markets Board (SPK) decided to liquidate 131 funds belonging to Tera, Pusula, Hedef, Atlas, A1 Capital, Pardus and Bulls Portfolio.<\/p>\n<p>The turmoil prompted an investigation by the Istanbul Chief Public Prosecutor\u2019s Office.<\/p>\n<p>Turkish authorities are investigating whether the funds\u2019 valuations were artificially inflated. Media reports put the value of the affected funds at more than $18 billion (\u20ac15.7 billion).<\/p>\n<p>As part of the investigation, at <strong>least 45 people have been arrested.<\/strong><\/p>\n<\/div>\n<p>                                  Go to accessibility shortcuts<\/p>\n<div class=\"c-article-share-comment u-align-items-center u-display-flex\"><span class=\"c-article-share-comment__links u-align-items-center u-display-flex u-justify-content-center js-c-article-share-comment-share\"><span class=\"c-article-share-comment__label\">Share<\/span><\/span><span class=\"c-article-share-comment__label\">Comments<\/span><span class=\"c-article-share-comment__label c-article-share-comment__label--always\">Add Euronews on Google<\/span><\/div>\n<div id=\"adb-article-you-might-also-like\" class=\"perf-cv-auto c-article-you-might-also-like\">\n<h2 class=\"c-article-you-might-also-like__title\">\n        Read more<br \/>\n      <\/h2>\n<div class=\"c-article-you-might-also-like__container\">\n<article id=\"abe-2929146-pos0-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2929146\" data-cid=\"9930351\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929146-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/03\/51\/480x270_cmsv2_abbab57d-15ac-51b9-9a18-6435008f066e-9930351.jpg\" loading=\"lazy\" alt=\"From Deniz G\u00f6kta\u015f&apos;s show &quot;Dead Sea&quot;\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Turkey<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Turkish comedian Deniz G\u00f6kta\u015f on trial for insulting Erdo\u011fan in show<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2927959-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2927959\" data-cid=\"9924409\" data-part-label=\"Partner content\">\n<figure id=\"abe-2927959-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/92\/44\/09\/480x270_cmsv2_b7604464-c053-5e2c-9c40-6ff31a777f5c-9924409.jpg\" loading=\"lazy\" alt=\"Tera Yatirim Holding Chairman Emre Tezmen\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Turkey arrests Tera chairman as $18bn fund scandal widens<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2927616-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2927616\" data-cid=\"9922530\" data-part-label=\"Partner content\">\n<figure id=\"abe-2927616-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/92\/25\/30\/480x270_cmsv2_bb651aab-0f59-55c7-95f7-24e26985217d-9922530.jpg\" loading=\"lazy\" alt=\"Turkey&apos;s President Recep Tayyip Erdogan speaks during the 81st session of the United Nations General Assembly at UN headquarters in New York, 22 September 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Turkey<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Erdo\u011fan tells UN that Europe cannot be safe without Turkey<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<\/div>\n<div class=\"perf-cv-auto\">\n<ul id=\"adb-article-tags\" class=\"c-tags-list\">\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Turkiye (Turkey)<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  investigation<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Fraud<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Investment<br \/>\n<\/section>\n<\/li>\n<li class=\"c-tags-list__item\">\n<section class=\"tc-cta\" data-twig-component=\"Cta-default\">\n  Turkish politics<br \/>\n<\/section>\n<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<div class=\"tp-vuukle\">\n<div class=\"c-vuukle-skeleton\" aria-hidden=\"true\">\n<div class=\"c-vuukle-skeleton__header\"><span class=\"c-vuukle-skeleton__title\">Comments<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<aside class=\"o-article-newsy__aside\">\n<div class=\"c-ad-wrapper o-article-newsy__aside__content-1\" data-ad-name=\"adzone-halfpage\">\n<div class=\"c-ad c-ad-halfpage u-show-for-desktop\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<div class=\"c-ad u-show-for-mobile-only\">\n<div class=\"c-ad__placeholder\"><img loading=\"lazy\" decoding=\"async\" class=\"c-ad__placeholder__logo\" src=\"https:\/\/static.euronews.com\/website\/images\/logos\/logo-euronews-stacked-outlined-72x72-grey-9.svg\" width=\"72\" height=\"72\" alt><span>ADVERTISEMENT<\/span><\/div>\n<\/div>\n<\/div>\n<div id=\"adb-article-top-stories\" class=\"perf-cv-auto c-top-stories\">\n<h2 class=\"c-top-stories__title\">Top stories<\/h2>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2929203-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2929203\" data-cid=\"9930363\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929203-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/03\/63\/320x180_cmsv2_916f0b32-67f9-56d9-8703-9c39de208fbc-9930363.jpg\" loading=\"lazy\" alt=\"FILE. US President Donald Trump shakes the hand of China&apos;s President Xi Jinping as they arrive at the National Archives Museum in Washington, 25 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    US and China list goods for tariff cuts, what it could mean for Europe<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2929259-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2929259\" data-cid=\"9930664\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929259-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/06\/64\/320x180_cmsv2_ccd9ec39-1214-5a95-a2f2-72b6f8aa5a4d-9930664.jpg\" loading=\"lazy\" alt=\"FILE. TotalEnergies headquarters pictured in La Defense business district, Paris, 22 September 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    TotalEnergies raises buybacks to $2.5bn and promises higher dividends<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2929155-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2929155\" data-cid=\"9930038\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929155-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/00\/38\/320x180_cmsv2_ed073c6c-1d0e-5c2e-aaff-2e2623f3fcfb-9930038.jpg\" loading=\"lazy\" alt=\"File - Currency traders watch monitors at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, 23 Sept. 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices jump after Trump rejects Iran\u2019s truce offer<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2925900-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925900\" data-cid=\"9927413\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925900-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/43\/57\/320x180_cmsv2_7e3d28c2-4499-5a20-898f-b51d8561f0ea-9914357.jpg\" loading=\"lazy\" alt=\"Information Technology sector continues to record the highest average pay level in Portugal\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Where are salaries and job opportunities highest in Portugal?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<\/div>\n<div class=\"c-top-stories__item\">\n<article id=\"abe-2928576-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2928576\" data-cid=\"9927664\" data-part-label=\"Partner content\">\n<figure id=\"abe-2928576-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/92\/76\/64\/320x180_cmsv2_7f800667-af28-5923-aca6-948f72e18f09-9927664.jpg\" loading=\"lazy\" alt=\"File - A customer wearing a face mask waits to buy vegetables at the Maravillas market in Madrid, Thursday, 12 May 2022.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 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id=\"abe-2929146-label-pos0-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/03\/51\/480x270_cmsv2_abbab57d-15ac-51b9-9a18-6435008f066e-9930351.jpg\" loading=\"lazy\" alt=\"From Deniz G\u00f6kta\u015f&apos;s show &quot;Dead Sea&quot;\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Turkey<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Turkish comedian Deniz G\u00f6kta\u015f on trial for insulting Erdo\u011fan in show<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2927959-pos1-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2927959\" data-cid=\"9924409\" data-part-label=\"Partner content\">\n<figure id=\"abe-2927959-label-pos1-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/92\/44\/09\/480x270_cmsv2_b7604464-c053-5e2c-9c40-6ff31a777f5c-9924409.jpg\" loading=\"lazy\" alt=\"Tera Yatirim Holding Chairman Emre Tezmen\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Business<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Turkey arrests Tera chairman as $18bn fund scandal widens<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2927616-pos2-c-article-you-might-also-like__item\" class=\"the-media-object m-modeMobile-1 m-modeDesktop-1 m-modeXL-1\" data-nid=\"2927616\" data-cid=\"9922530\" data-part-label=\"Partner content\">\n<figure id=\"abe-2927616-label-pos2-c-article-you-might-also-like__item\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/92\/25\/30\/480x270_cmsv2_bb651aab-0f59-55c7-95f7-24e26985217d-9922530.jpg\" loading=\"lazy\" alt=\"Turkey&apos;s President Recep Tayyip Erdogan speaks during the 81st session of the United Nations General Assembly at UN headquarters in New York, 22 September 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n                    Turkey<\/p>\n<h3 class=\"the-media-object__title  \">\n<p>    Erdo\u011fan tells UN that Europe cannot be safe without Turkey<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2929203-pos2-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2929203\" data-cid=\"9930363\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929203-label-pos2-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/03\/63\/320x180_cmsv2_916f0b32-67f9-56d9-8703-9c39de208fbc-9930363.jpg\" loading=\"lazy\" alt=\"FILE. US President Donald Trump shakes the hand of China&apos;s President Xi Jinping as they arrive at the National Archives Museum in Washington, 25 Sept. 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    US and China list goods for tariff cuts, what it could mean for Europe<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2929259-pos3-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2929259\" data-cid=\"9930664\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929259-label-pos3-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/06\/64\/320x180_cmsv2_ccd9ec39-1214-5a95-a2f2-72b6f8aa5a4d-9930664.jpg\" loading=\"lazy\" alt=\"FILE. TotalEnergies headquarters pictured in La Defense business district, Paris, 22 September 2026\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    TotalEnergies raises buybacks to $2.5bn and promises higher dividends<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2929155-pos4-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2929155\" data-cid=\"9930038\" data-part-label=\"Partner content\">\n<figure id=\"abe-2929155-label-pos4-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/93\/00\/38\/320x180_cmsv2_ed073c6c-1d0e-5c2e-aaff-2e2623f3fcfb-9930038.jpg\" loading=\"lazy\" alt=\"File - Currency traders watch monitors at the foreign exchange dealing room of the Hana Bank headquarters in Seoul, South Korea, Wednesday, 23 Sept. 2026. \" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices jump after Trump rejects Iran\u2019s truce offer<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2925900-pos5-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2925900\" data-cid=\"9927413\" data-part-label=\"Partner content\">\n<figure id=\"abe-2925900-label-pos5-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/91\/43\/57\/320x180_cmsv2_7e3d28c2-4499-5a20-898f-b51d8561f0ea-9914357.jpg\" loading=\"lazy\" alt=\"Information Technology sector continues to record the highest average pay level in Portugal\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Where are salaries and job opportunities highest in Portugal?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2928576-pos6-top-stories\" class=\"the-media-object m-modeMobile-2 m-modeDesktop-2 m-modeXL-2 the-media-object--no-label\" data-nid=\"2928576\" data-cid=\"9927664\" data-part-label=\"Partner content\">\n<figure id=\"abe-2928576-label-pos6-top-stories\" class=\"the-media-object__figure\"><img decoding=\"async\" class=\"the-media-object__image\" src=\"https:\/\/images.euronews.com\/articles\/stories\/09\/92\/76\/64\/320x180_cmsv2_7f800667-af28-5923-aca6-948f72e18f09-9927664.jpg\" loading=\"lazy\" alt=\"File - A customer wearing a face mask waits to buy vegetables at the Maravillas market in Madrid, Thursday, 12 May 2022.\" height=\"9\" width=\"16\"><\/figure>\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Have minimum wages kept up with food prices in Europe?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2929155-pos1-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2929155\" data-cid=\"9930038\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Oil prices jump after Trump rejects Iran\u2019s truce offer<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2928580-pos2-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-video the-media-object--no-label\" data-nid=\"2928580\" data-cid=\"9927683\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Over 2.8 million Audi and Volkswagen vehicles face recall worldwide<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-795514-pos3-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--no-label\" data-nid=\"795514\" data-cid=\"3983694\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Which European countries are the most expensive?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2804100-pos4-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2804100\" data-cid=\"9302664\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Europe\u2019s rising retirement ages: One country leads\u2014which will follow?<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<article id=\"abe-2718278-pos5-mostViewed\" class=\"the-media-object m-modeMobile-3 m-modeDesktop-3 m-modeXL-3 the-media-object--has-related the-media-object--no-label\" data-nid=\"2718278\" data-cid=\"8947076\" data-part-label=\"Partner content\">\n<div class=\"the-media-object__content\">\n<h3 class=\"the-media-object__title  \">\n<p>    Chinese EV giant BYD beats domestic players to hit record 2024 sales<br \/>\n  <\/h3>\n<\/div>\n<\/article>\n<div class=\"articleBody\" data-key=\"articleBody\">Turkish prosecutors have lifted asset restrictions on companies and funds named in an investigation into the country\u2019s investment fund crisis. More than 450,000 investors hold stakes in funds worth more than $18 billion that are now being liquidated.As part of the investigation into investment funds and suspected market manipulation, authorities froze the assets of 46 legal entities, 18 funds and 42 individuals over the weekend, according to Justice Minister Ak\u0131n G\u00fcrlek.Following a new assessment by the Capital Markets Board, the Istanbul Chief Public Prosecutor\u2019s Office lifted restrictions on 45 companies and 19 funds. Measures against individuals remain in place.Treasury and Finance Minister Mehmet \u015eim\u015fek said protecting investment, employment, production and exports was a priority. He said legal proceedings against those involved in activity that distorted the market would continue, while people and companies unconnected to it would not face action.The decision followed the resignation of Fatma Bet\u00fcl Sayan Kaya, a deputy chair of President Recep Tayyip Erdo\u011fan\u2019s ruling AK Party. She said late on Saturday that she had asked to step down amid the widening investment fund crisis.Kaya, who also served Kaya, who served as Turkey &#8216;s family and social affairs minister from 2016 to 2018, stepped down after being accused of selling shares worth tens of millions of dollars shortly before the stock market plunged. AK Party spokesman \u00d6mer \u00c7elik said on Sunday that Erdo\u011fan had accepted her resignation.&#8221;We declare that all those who are involved in irregularities, corruption, abuse or anything that causes harm will be held accountable,&#8221; \u00c7elik added.Turkish stocks plunged on 16 September amid suspected share-price manipulation involving several investment funds.Opposition New Party spokesman Zeynel Emre alleged that Kaya had received some 1.3 billion Turkish lira (\u20ac23.3 million) when she sold shares shortly before the plunge. Emre also claimed that Kaya had bought the shares, most of them in shipbuilding company \u00d6zata Denizcilik, for 63.4 million lira (\u20ac1.1 million) in April.Emre questioned the timing of the sales, alleging that Kaya had received advance information about the impending market turmoil.Kaya has not responded directly to the allegations. She said she was stepping down so the claims could be \u201cclarified\u201d and asked forgiveness from Erdo\u011fan, who also chairs the AKP.How the fund crisis unfoldedThe crisis began after tighter rules introduced by the Capital Markets Board on 28 August were followed by withdrawals from some investment funds. Several held large stakes in thinly traded shares, making it difficult to sell those holdings quickly without pushing prices down. As funds struggled to meet withdrawal requests, selling pressure grew, and Turkish stocks fell sharply on 15 and 16 September.On 17 September, the Capital Markets Board (SPK) decided to liquidate 131 funds belonging to Tera, Pusula, Hedef, Atlas, A1 Capital, Pardus and Bulls Portfolio.The turmoil prompted an investigation by the Istanbul Chief Public Prosecutor\u2019s Office.Turkish authorities are investigating whether the funds\u2019 valuations were artificially inflated. Media reports put the value of the affected funds at more than $18 billion (\u20ac15.7 billion).As part of the investigation, at least 45 people have been arrested.<\/div>\n<p>[analyse_source url=&#8221;https:\/\/www.euronews.com\/2026\/09\/28\/turkey-lifts-asset-freezes-in-fund-probe-as-ruling-party-deputy-chair-quits-amid-share-tra&#8221;]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[analyse_image type=&#8221;featured&#8221; src=&#8221;https:\/\/images.euronews.com\/articles\/stories\/09\/93\/02\/96\/1200x675_cmsv2_5d28a5c1-c020-5d25-a575-297ddb670115-9930296.jpg&#8221;] Ukraine Ukraine&#8217;s city of Oleshky faces starvation as Russia blocks all aid Europe News Spain&#8217;s housing crisis: Key points after the Maricarmen protests Europe News Russia strikes Ukraine&#8217;s National Academy of Sciences Business TotalEnergies raises buybacks to $2.5bn and promises higher dividends Ukraine Ukraine&#8217;s city of Oleshky faces starvation as Russia blocks [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[90],"tags":[226,36],"class_list":["post-2168145","post","type-post","status-publish","format-standard","hentry","category-international","tag-crawlmanager","tag-euronews-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2168145","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2168145"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2168145\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2168145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2168145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2168145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}