23.10.2026 09:01
New details have emerged about detained Pusula Holding Chairman of the Board Serdar Turhan in the investigation into the fund crisis. It was determined that Turhan transferred 2.55 billion TL to the UK through affiliated companies, while access to 29.2 million pounds in the accounts of two companies in London was blocked. Following the notification made to the British authorities, the accounts were frozen and a process was initiated for the return of the money to Turkey.
In the investigation into the fund crisis, new details have been uncovered regarding the money transfers abroad by Serdar Turhan, Chairman of the Board of Pusula Holding.
According to a report by Sabah, it was determined that Turhan, who is detained as part of the investigation, made high-value money transfers to the United Kingdom as well as Switzerland.
Examinations established that a total of 2.55 billion TL was sent to the account of PSL Asset Management Limited in the United Kingdom through 5 separate transactions between July 10 and August 17, 2026.
A "CAPITAL INJECTION" NOTE WAS ADDED TO THE MONEY TRANSFERS
It was found that the English phrase "Capital Injection" (Capital Transfer) was used in the description section of the money transfers in question.
As part of the investigation, PSL Capital Limited, which is linked to London-based PSL Asset Management Limited, was also placed under examination.
It was determined that the sole shareholder of both companies is Pusula Finans Holding A.Ş. and that the companies operate at the same address in London.
ACCOUNTS WORTH 29.2 MILLION POUNDS STERLING WERE FROZEN
Following notification to the competent authorities in the United Kingdom, action was taken regarding two company accounts at Barclays Bank PLC.
It was reported that disposal authority over a total of 29,236,285.34 pounds sterling was removed, comprising 9 million pounds sterling in the PSL Asset Management Limited account and 20 million 236 thousand pounds sterling in the PSL Capital Limited account.
The transfer of the money in the accounts to third parties was also prevented.
A PROCESS WAS INITIATED FOR THE RETURN OF THE MONEY TO TURKEY
After the freezing of the accounts in the United Kingdom, it was stated that a process had been initiated for the return of the amount in question to Turkey.
While the investigation into the fund crisis continues, examinations of money movements abroad and affiliated companies are also ongoing.