Bankers' Hidden Fund Exposed: Who Won, Who Lost?
Part of composite article Turkey Arrests Fund Managers as 500,000 Investors Hit and 147 X Accounts Blocked View full article →
A secret fund has revealed a serious weakness in Turkey's financial system. The crisis showed that people trading in money markets could easily carry out uncontrolled activities.
Authorities tracked citizens sending money to a relative in prison. Yet they failed to track those who moved billions abroad.
This is not the first time.