economy Istanbul, Turkey
Turkey investigates alleged fund manipulation after market losses
455,000people
Investors were affected by the market manipulation scandal.
A market manipulation investigation in Turkey has led to arrests, fund liquidations, frozen assets and the resignation request of AKP politician Fatma BetĂĽl Sayan Kaya. Prosecutors are investigating fraud and related offenses; 27 stocks were excluded from the BIST 100.
2 sourcesDeutsche WelleUpdated
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- 455,000people
Investors were affected by the market manipulation scandal.
2 of 2 sources“Approximately 455,000 investors have been affected”
- 6%
The BIST 100 index fell in one day.
2 of 2 sources“the benchmark BIST 100 index plummeted by 6% in a single day”