Istanbul prosecutor requests full records of seven investment funds

September 26, 2026 at 01:18 PM2 min

This digest was compiled by AI from multiple sources — links to the originals are below.

The Istanbul Chief Public Prosecutor's Office has asked the Central Securities Depository (MKK) for detailed investor and transaction records of seven investment funds. The request covers fund activity from inception to liquidation and singles out exits in July, August, and September 2026. The investigation concerns money laundering and violations of the Capital Markets Law.

Key Facts

The Istanbul Chief Public Prosecutor's Office sent a formal request to the Central Securities Depository (MKK) on 22 September 2026 for detailed investor and transaction records of seven investment funds.
The seven companies are Pusula Finans, Tera Yatırım, Hedef Portföy, Bulls Yatırım, A1 Capital, Atlas Menkul Kıymetler, and Pardus Menkul Kıymetler.
The prosecutor's office requested separate data on investors who exited the funds in July, August, and September 2026, including number, amount, and balance information.
The investigation is being conducted under Article 282 of the Turkish Penal Code (laundering of proceeds of crime) and Law No. 6362 on Capital Markets.
The request covers fund records from 1 January 2023 until the liquidation dates set by the Capital Markets Board (SPK).

The Prosecutor's Request

The Istanbul Chief Public Prosecutor's Office, through its Bureau for Investigation of Financing of Terrorism and Laundering Offenses, sent a formal letter to the Central Securities Depository (MKK) General Directorate on 22 September 2026. The letter requests detailed investor and transaction records for funds linked to seven investment companies. The companies named are Pusula Finans Anonim Şirketi, Tera Yatırım Menkul Değerler A.Ş., Hedef Portföy Yönetimi A.Ş., Bulls Yatırım Menkul Değerler A.Ş., A1 Capital Menkul Değerler A.Ş., Atlas Menkul Kıymetler Yatırım Ortaklığı, and Pardus Menkul Kıymetler A.Ş. The investigation is being conducted for laundering of proceeds of crime under Article 282 of the Turkish Penal Code and for violations of Law No. 6362 on Capital Markets.

Scope of Records

The prosecutor's office asked the MKK to identify investor-based movements in the funds from their establishment until the liquidation dates set by the Capital Markets Board (SPK). The requested data includes the Turkish lira value of investors' buy-sell transactions, current participation share values in accounts, participation share ratios, and similar records. The request also covers records from 1 January 2023 until the SPK liquidation dates, according to the prosecutor's letter. The aim is to reveal investor movements in the funds periodically and to examine the money flow in detail.

Three-Month Exit Focus

The prosecutor's letter separately requests data on investors who exited the funds in July, August, and September 2026. The requested information includes the number of exiting investors, the amounts, and their balances, to be sent urgently. These records will allow the investigation to examine the size, timing, and investor-level distribution of exits as the liquidation process approached. The MKK data will be evaluated together with other financial records already in the investigation file.