Business · Markets · 4 hrs ago
Prosecutors seek restrictions on assets linked to 85 people in fund probe
A prosecutor’s office has issued instructions concerning 85 people named in a fund investigation.
It asked institutions to take precautions against transactions that could reduce those people’s assets, including large cash withdrawals and transfers, sales, gifts and mortgages.
For unusual transactions, institutions were told to seek the prosecutor’s view before proceeding and to report suspicious activity to Turkey’s financial intelligence agency, MASAK.
Government agencies were also asked to check whether the people own registered property, ships or aircraft and send the results to the prosecutor’s office.
Ordinary activities such as receiving salaries or pensions, paying bills and carrying out normal work should not be blocked.
The instructions do not mean that the people have been found guilty; the agencies’ checks and reports are the next steps described.
Prosecutors sought measures to restrict transactions involving assets linked to 85 people in a fund investigation.
The requested measures cover asset transfers, sales, donations, mortgages, account closures and large cash withdrawals or bank transfers.
Authorities were asked to consult prosecutors before carrying out unusual transactions and to report suspicious activity to the Financial Crimes Investigation Board.
Officials were also asked to check whether the listed people owned property, ships or aircraft.
Routine transactions such as salary payments, bills and pensions were not to be blocked.
- Who
- Prosecutors and 85 people whose assets are linked to the investigation.
- What
- Prosecutors sought restrictions on transactions that could reduce the listed people’s assets.
- When
- The report was published on October 11, 2026; the request date is not stated.
- Where
- Not stated.
- Why
- The measures relate to a fund investigation; further details are not stated.
This story does not have two clearly opposing sides.
No direct quotes in the coverage so far.
This story does not have a timeline yet.
- People listed
- 85
- Investigation
- Fund probe
- Publication date
- October 11, 2026
- Requested checks
- Property, ships and aircraft
- Transaction safeguards
- Routine salary, bill and pension payments were not to be blocked
Sources
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