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Salih Tanrıkulu resigns from Borsa Istanbul roles amid DDK probe
Salih Tanrıkulu, the Chairman of Turkey's State Audit Board (DDK), has stepped down from his positions at Borsa Istanbul. This move follows an instruction from President Recep Tayyip Erdoğan for the DDK to investigate investment fund transactions within the capital markets.
Tanrıkulu, who assumed the leadership of the DDK on June 7, 2024, previously served as an independent board member and vice chairman at Borsa Istanbul, as well as the head of its audit committee. His name has since been removed from the exchange's official website.
The investigation comes amid recent regulatory actions, including a September 17 decision by the Capital Markets Board (SPK) to liquidate 131 investment funds from seven portfolio management companies. Opposition figures have raised concerns regarding potential conflicts of interest, noting Tanrıkulu's dual roles during the period under scrutiny.
Entities
Borsa İstanbul · Capital Markets Board · Recep Tayyip Erdoğan · Salih Tanrıkulu · State Audit Board
Claims
What the coverage asserts, and how many sources carry each claim.
- [● 2 SOURCES] Salih Tanrıkulu's name was removed from the Borsa Istanbul board of directors and audit committee lists. www.izgazete.net · www.diken.com.tr
- [○ 1 SOURCE] The Capital Markets Board (SPK) ordered the liquidation of 131 investment funds from seven companies on September 17. www.diken.com.tr
- [● 3 SOURCES] President Erdoğan instructed the State Audit Board (DDK) to investigate investment fund transactions. www.izgazete.net · www.cumhuriyet.com.tr · www.diken.com.tr
- [● 2 SOURCES] Salih Tanrıkulu has served as the Chairman of the State Audit Board since June 7, 2024. www.marasbugun.com.tr · www.cumhuriyet.com.tr