Skip to content
Bora Haber
Markets
  • US dollar49.65up 0.05%
  • Euro55.60down 0.19%
  • British pound66.53down 0.08%
  • BIST 10011,117down 0.92%
  • Gold (gram)6,398down 1.24%
  • Gold (ounce)US$4,008down 1.29%
  • BitcoinUS$80,323down 0.22%

Melis Sütşurup Sandal and father Cihan Sütşurup to return profit made from TERA funds

Lawyers for Melis Sütşurup Sandal, wife of singer Mustafa Sandal, and her father Cihan Sütşurup applied to the Istanbul Chief Public Prosecutor's Office to return the fund profit.

Bora Haber

· 1 min read

A woman with short blonde hair and sunglasses, in a black strapless dress, stands beside a smiling man in a white tuxedo.
Cover image for the story on the return of profits from TERA funds. Photo: Bora Haber

Melis Sütşurup Sandal, wife of singer Mustafa Sandal, and her father Cihan Sütşurup will return the profit they made from TERA funds. The amounts to be returned were announced as 2,355,287,000 TL for Melis Sütşurup Sandal and 639,402,912 TL for Cihan Sütşurup.

Lawyers applied to the prosecutor's office

Within the fund investigation, lawyers for the father and daughter, who are subject to arrest warrants and reported to be abroad, applied to the Istanbul Chief Public Prosecutor's Office. The lawyers conveyed that the Sütşurup family wants to return the money it earned from the fund.

The prosecutor's office referred the family's lawyers to the Savings Deposit Insurance Fund (TMSF) for administrative and financial procedures. How the return process will proceed is expected to become clear in the coming days.

It was also reported that the assets of the father and daughter were seized within the investigation. The two are alleged to have made roughly 3 billion lira in total from the TERA funds.

More on this topic

See all

Comments

Sign in to comment.