Turkey detains 15 over Katilimevim share manipulation
Turkish authorities have detained fifteen people and frozen assets linked to several investment firms. The crackdown follows investigations into alleged share manipulation involving savings financing company Katilimevim.
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Turkish authorities detained 15 people on Monday during a morning sweep over alleged share price manipulation involving Katilimevim Tasarruf Finansman. The action marks a widening liquidity crackdown across Turkey's investment fund sector. Regulators have frozen scores of funds and ordered liquidations amid the market turmoil.
