A decision barring Emre Tezmen, chairman of Tera Yatırım Holding's board, from leaving the country was issued on September 17, 2026. The decision came as the liquidation of funds and legal and administrative developments surrounding Katılımevim and Pusula Portföy were being discussed in financial markets.
A travel ban is a measure that may be imposed as part of judicial control, not a criminal conviction. The decision therefore does not mean that Tezmen has been found guilty or that a final conviction has been issued against him. Details of the case file covered by the decision, its legal grounds, duration and scope have not been established through an official judicial document.
Tezmen's positions at the companies
Company information for Tera Yatırım Teknoloji Holding identifies Emre Tezmen as chairman of the board. The Tera group operates through a structure linked to multiple companies and subsidiaries, including finance, portfolio management, investment banking and holding activities.
The holding's annual report states that Tezmen was appointed chairman of the board and chairman of the executive board by a board resolution dated December 30, 2024. Records show that he was appointed as a board member and chairman on March 3, 2025, and elected chairman of the board of another company on September 5, 2025.
The process surrounding the decision
Tezmen continued to hold management positions at different companies affiliated with the Tera group during 2026, while the group's financial activities and investments were debated publicly. Between September 14 and 16, 2026, detention measures, resignations, management changes and travel-ban decisions involving Katılımevim and Pusula Portföy came to the fore.
A travel-ban decision was also issued against Katılımevim Chairman of the Board Serdar Turhan. After Turhan's resignation, Tezmen assumed the chairmanship of Katılımevim's management. Muhammet Yarız, chairman of the board of Pusula Portföy, became subject to detention or arrest proceedings. However, the direct legal connection between these developments and the decision against Tezmen has not been established.
Developments concerning fund liquidations and problems in the financial structure are among the issues considered part of the background to the decision. However, no direct connection has been established between the decision and a particular company, fund or financial transaction. Assessments of Tezmen's situation must distinguish between a judicial measure and a finding of guilt.
