Former Borsa Istanbul General Manager Korkmaz Enes Ergun was arrested as part of an investigation into fund transactions conducted in the capital markets.
In the investigation conducted by the Istanbul Chief Public Prosecutor’s Office’s Bureau for Investigating Terror Financing and Laundering Crimes, Ergun was detained on October 31 on charges of membership in an organization established to commit a crime and bribery. After processing at the police station, he gave a statement to the prosecutor’s office. Prosecutors referred Ergun to the criminal judgeship of peace with a request for his arrest on a charge of receiving bribes, and the judgeship ordered his arrest.

Interim management at Borsa Istanbul
Following Ergun’s detention, changes were made to Borsa Istanbul’s senior management, and Deputy General Manager Atila Türeli was appointed to serve as acting general manager. Ergun had previously served as deputy general manager responsible for listings before being appointed general manager of Borsa Istanbul on March 26, 2021, following Hakan Atilla’s resignation.
To date, 37 people have returned money in the fund investigation, and a total of 18.3 billion liras has been collected. On October 27, the Capital Markets Board also revoked all of Tera Yatırım’s operating licenses and decided to gradually liquidate the company.
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