
Turkish Trade Minister Ömer Bolat Denies Fund Allegations
Turkish Trade Minister Ömer Bolat has strongly responded to allegations that he withdrew money from investment funds before a crisis that froze the savings of hundreds of thousands of investors. Bolat stated that his family's savings of 37.8 million lira were invested in a SUKUK (lease certificate) account within the Targeted Investment Portfolio on February 26, 2024, and that this investment has been active for 2 years and 8 months. He denied the claims that he 'put in 400, took out 800', stating that the account has not been closed and no shares have been traded through it. Bolat also stated that he and his family have no cryptocurrency or foreign financial investments, and that their asset declarations are complete and up-to-date, with no tax or insurance premium debts.10 sourcesSee all sources