AI-generated illustration

Treasury and Finance Minister Mehmet Şimşek has granted permission for an investigation into Ibrahim Omer Gönül, the former head of Turkey's Capital Markets Board (SPK), the ministry said. The decision followed a preliminary review report prepared by the Ministry's Inspection Board.

According to information obtained from the Treasury and Finance Ministry, the Istanbul Chief Public Prosecutor's Office had requested authorization to investigate Gönül as part of a fund-related case. In response, Şimşek instructed the Ministry's Inspection Board on October 2 to carry out a preliminary examination without delay.

On the basis of the resulting report, the minister approved the opening of an investigation into the former SPK chairman, the ministry announced. No further details about the scope of the inquiry or the allegations were disclosed.

Key Takeaways

• Minister Mehmet Şimşek authorized an investigation into former SPK Chairman Ibrahim Omer Gönül.
• The Istanbul Chief Public Prosecutor's Office had sought permission to investigate Gönül within a fund inquiry.
• A preliminary review was ordered on October 2 and the Ministry's Inspection Board issued the report backing the probe.