03.01.2026 16:53
In the investigation against Q Investment Bank, it was determined that they applied interest rates above the rate set by the Central Bank of the Republic of Turkey, and the income generated was also laundered. In the second operation carried out as part of the investigation, 9 suspects were detained.
The Istanbul Chief Public Prosecutor's Office has expanded its investigation into Q Investment Bank regarding allegations of "usury" and "money laundering of assets derived from crime."
The Istanbul Chief Public Prosecutor's Office determined that the bank's officials provided loans to financially troubled companies by exceeding the authorities defined in the Banking Law and applied interest rates significantly above those set by the Central Bank of the Republic of Turkey (CBRT).
As a result of the deepening investigation, it was identified that there were suspects named Ali E., Serkan Ö., Muzaffer A. S., Cem F. O., Hakkı Ç., Hacı M. İ., İbrahim B., Selda Y., Mehmet S. Ö., and Fatih S., who were assessed to be connected to the suspect Ali E. All suspects were detained in simultaneous operations carried out in Istanbul, Ankara, Izmir, and Aydın.
The following statements were included in the announcement made by the Istanbul Chief Public Prosecutor's Office:
"Within the scope of the investigation file numbered 2025/202063 conducted by the Istanbul Chief Public Prosecutor's Office's Office for the Prevention of the Financing of Terrorism and Money Laundering regarding the crimes of 'Usury and Money Laundering'; it has been determined that loans were provided under the name of credit to companies in financial difficulty by the officials of Q Investment Bank, in violation of the authority defined in the Banking Law No. 5411 and by applying interest rates above those determined by the Central Bank of the Republic of Turkey (CBRT), thereby obtaining unjust gains."
In the context of the investigation, judicial action was taken on 07/11/2025 against the suspect Ali E., a former official of Q Investment Bank, and other suspects Yasef M. and Mehmet A. As a result of the deepening investigation, new findings have been made by our Chief Public Prosecutor's Office regarding individuals named Serkan Ö., Muzaffer A. S., Cem F. O., Hakkı Ç., Hacı M. İ., İbrahim B., Selda Y., Mehmet S. Ö., and Fatih S., who were identified as being connected to the suspect Ali E.
In this context, a detention order has been issued for 9 suspects in simultaneous operations carried out by the Istanbul Provincial Police Department's Financial Crimes Unit in Istanbul, Ankara, Izmir, and Aydın. Searches and seizure operations have been conducted at their addresses to clarify the suspects' roles and positions within the organization, obtain financial and digital evidence, trace the proceeds of crime, and preserve evidence, and these operations are ongoing. The investigation continues to be conducted in a multifaceted and meticulous manner to protect financial security, prevent the entry of criminal proceeds into the economic system, and reveal the organizational structure in all its aspects."