Business · Companies · 4 hrs ago
11 suspects jailed in Istanbul probe into stock market transactions
Istanbul prosecutors are investigating transactions involving shares in four Turkish companies after reviewing reports and complaints from the Capital Markets Board.
The probe led to arrest warrants for 31 people, including finance and investment company employees and executives.
A court ordered 11 suspects held in custody after hearing 16 of them.
Four others were placed under house arrest, a form of judicial control.
Police are still questioning 15 suspects who remain in custody.
Five people are being sought, including Altınbaş Holding owner Nusret Altınbaş; his brother İnan was detained.
The investigation is ongoing, and the article does not say when prosecutors expect it to conclude.
An Istanbul court ordered 11 suspects jailed in an investigation into transactions in the shares of four companies.
The suspects were among 31 people detained in the investigation, which was opened following reports and written submissions from Turkey’s Capital Markets Board.
Four more suspects were placed under house arrest as a judicial control measure.
The questioning of 15 other detained suspects was still under way.
Five suspects, including Altınbaş Holding owner Nusret Altınbaş, were being sought.
- Who
- Eleven suspects named by the court were jailed; 31 people were detained in the investigation.
- What
- The investigation concerns transactions in the shares of four companies.
- When
- October 22, 2026. The reports were published that day.
- Where
- Istanbul, Turkey.
- Why
- The prosecutor’s office said the inquiry followed reports and written submissions from the Capital Markets Board concerning share transactions.
This story does not have two clearly opposing sides.
The prosecutor’s office said it opened an inquiry into transactions in four companies’ shares after receiving reports and written submissions from the Capital Markets Board.
A court completed questioning of 16 of the 31 detained suspects and ordered 11 jailed.
Four suspects were placed under house arrest, while questioning of 15 other detained suspects continued.
Authorities were still seeking five suspects, including Nusret Altınbaş.
- Suspects detained
- 31
- Suspects jailed
- 11
- House arrest
- 4 suspects
- Companies under review
- Işıklar Enerji, Vişne Madencilik, Odine Solutions and Tera Finansal Yatırımlar Holding
- Suspects still being questioned
- 15
- Suspects being sought
- 5