The ordinary liquidation process of CMB Target Portfolio funds

The Capital Markets Board (CMB) has completed the investigations into the transactions in Vişne Madencilik and Işıklar Enerji shares.

The Board filed a criminal complaint against 22 people as a result of the investigations carried out on Vişne Madencilik shares.

Crimes were detected against 15 people due to transactions in Işıklar Energy shares. While a transaction ban was imposed on individuals and institutions carrying out transactions in both shares, all licenses of these people were cancelled.

CMB also decided to carry out ordinary liquidation processes for the funds founded by Hedef Portföy.

Previously, ordinary liquidation processes were carried out in A1 Capital, Bulls and Pardus funds. Liquidation procedures were initiated from money market funds and those with the largest number of investors.

Source: TRT Haber Ekonomi RSS (Open Press / Translated Full Text)