09.11.2026 13:03
Her use of the phrase "Our savings" for the 163 million 46 thousand TL that former Minister Fatma Betül Sayan Kaya, who was arrested within the scope of the fund investigation, deposited together with her spouse, drew attention. It would take Kaya, who declared her monthly income as 500 thousand TL before the court, approximately 27 years to save the amount in question with this income and without spending anything at all.
In the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, former Minister of Family and Social Policies Fatma Betül Sayan Kaya, who was arrested, made a savings statement in her defense before the magistrate that has again become a subject of debate along with the investment amount. While it was stated that Kaya and her husband İlyas Kaya deposited a total of 163 million 46 thousand TL for the transactions they carried out within the scope of the fund, the former minister said that they saved this money together with her husband.
SAVING IT WITH AN INCOME OF 500 THOUSAND TL TAKES 27 YEARS
For Kaya, who declared her monthly income before the magistrate as 500 thousand TL, to save the amount in question with only this income, she would need to make no spending at all for about 326 months. This corresponds to approximately 27 years and 2 months.
For a person earning 100 thousand TL per month, however, to be able to save 163 million 46 thousand TL, they would need to set aside all of their income for approximately 1,630 months, that is, 135 years and 10 months. These calculations are based on the assumption that incomes remain constant, no spending is made, and no investment return is obtained.
"MY HUSBAND AND I HAD SOME SAVINGS"
In her statement before the magistrate, Fatma Betül Sayan Kaya said that she had previously stayed away from the stock market but that she and her husband wanted to invest their savings.
Kaya said, "Since I also received education in the field of economics during my university years, I naturally understand the stock market, but because of my political identity I always preferred to stay away. My husband and I had some savings, and we wanted to invest these savings."
However, in the former minister's reported statement, there is no detailed explanation of which income sources the total investment of 163 million 46 thousand TL was composed of.
THEY DEPOSITED 163 MILLION TL AND WITHDREW 2.17 BILLION TL
According to the transaction data reported within the scope of the investigation, Fatma Betül Sayan Kaya deposited approximately 63.4 million TL into Özata Denizcilik shares, and her husband İlyas Kaya deposited 99.7 million TL. The total amount deposited by the couple reached approximately 163.1 million TL.
It was stated that approximately 1.34 billion TL was withdrawn from Kaya's transactions, and 826 million TL from her husband's transactions. Thus, while the total money withdrawn by the couple was approximately 2.17 billion TL, the difference between the amounts deposited and withdrawn exceeded 2 billion TL.
SHE DENIED THE ACCUSATIONS
In her defense before the magistrate, Kaya stated that she did not accept the accusations against her and denied the claim that she held intensive meetings with Tera Group executives. Arguing that she sold more than half of her shares in August, Kaya said that after the liquidation decision regarding the funds, she and her husband applied to the TMSF and returned the amount notified to them.
The magistrate, on the other hand, taking into account the timing of the share transactions, the investment amount, and other assessments in the file, decided to arrest Kaya on the grounds that there was strong suspicion of crime.