09.11.2026 14:40
The lawyer of a fund victim who is alleged to have been unable to collect his receivable from Tera Holding, which was appointed a trustee within the scope of the fund investigation, came to the holding's building in Maslak together with bailiffs for a receivable of 1.2 million liras. The lawyer, who alleged that security guards did not let them in, said that they called the police. The lawyer stated that they had placed liens on the company's vehicles and bank accounts.
Within the scope of the fund investigation, investors' legal battle against Tera Holding, to which the TMSF has been appointed as trustee, continues. It has been learned that a person alleged to have been victimized by the company has resorted to enforcement proceedings in order to collect their receivable.
THEY CAME TO THE BUILDING IN MASLAK FOR SEIZURE
The person's lawyer, Emre Burak Onat, and accompanying bailiffs came to Tera Holding's main building in Sarıyer Maslak to carry out the seizure.
Speaking in front of the holding, Onat said, “We have now come to Tera Holding. However, the security guards at the entrance inside are not letting us through to the seizure site. We have now called the police. We are waiting for the police to arrive. The debt in the file is 1.2 million liras.”
“WE HAVE ONE OR TWO MORE FILES AHEAD”
Onat, stating that there were other enforcement files besides their own, said, “We have one or two more files ahead. We have not come here before. Two weeks ago, they had also come for an assessment. They came to a different company there. We have come to Tera Holding Joint Stock Company.”
“WE HAVE SEIZED TWO LUXURY VEHICLES”
Onat, saying that they had initiated and finalized the enforcement proceedings, spoke: “We have seized the company's vehicles. We have seized its bank accounts. The company has two latest-model luxury vehicles. We have seized these as well, but here we will try to collect our receivable by proceeding with actual seizure. I expect a result today. Because this amount is small, 1.2 million liras. It is an amount that will be collected by seizing and selling the movable goods upstairs.”
“THERE ARE THOUSANDS OF FUND VICTIMS”
Onat, stating that they had resorted to enforcement proceedings as only one of the creditors, said, “The vehicles need to be located, sold, and then the receivables distributed in order. It may drop from there, but that process is much longer. We also asked whether the vehicles were here. We were told they had no information. We will also check those in the parking lot. As you know, there are thousands of fund victims in this matter. We are simply among those who took action by moving quickly.”
A SEIZURE OF 66 MILLION LIRAS HAD BEEN INITIATED TWO WEEKS AGO
The first proceeding Onat mentioned had taken place on October 26 at Tera Investment and Tera Portfolio within Tera Holding. Bailiffs and lawyers who went to the relevant units of the companies had begun asset assessment within the scope of the 66 million lira enforcement proceeding.
It was reported that during the seizure that day, tension arose among lawyers, bailiffs and company officials, and that CMB officials became involved in the process by phone. It was learned that the TMSF prepared a precautionary letter regarding the seizure process, while the removal of the goods subject to seizure from the building was prevented.
5 FUNDS WORTH 538 BILLION LIRAS ARE AT TERA
The Capital Markets Board (CMB) had decided on September 17 to liquidate 131 investment funds belonging to seven portfolio management companies. The number of funds in liquidation later decreased to 65. According to calculations based on TEFAS data, the size of the funds in liquidation was approximately 826 billion liras, while the money of 455,758 investors is in these funds. Among the funds within the scope of liquidation, Tera holds the largest share with its 5 funds worth approximately 538 billion liras.
Within the scope of the investigation, senior executives including Emre Tezmen, Chairman of the Board of Directors of Tera Investment Holding, Board Member Emre Alkin, Independent Board Member Kerem Alkin, and Alper Öztürk, General Manager of Tera Portfolio, had been arrested.
MINISTER GÜRLEK: 31.5 BILLION LIRAS RETURNED
Minister of Justice Akın Gürlek also announced in his presentation today at the Turkish Grand National Assembly Plan and Budget Committee that there are 464 suspects in the fund investigations and that 120 people are detained. Gürlek reported that money, real estate and shares worth approximately 31.5 billion liras were returned within the scope of the voluntary return account under the TMSF.