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Euronews
Euronews
Doloresz Katanich

Turkey lifts asset freezes in fund probe as ruling-party deputy chair quits amid share trading allegations

Turkish prosecutors have lifted asset restrictions on companies and funds named in an investigation into the country’s 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 Akın Gürlek.

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