24.10.2026 08:21
In the fund investigation conducted by the Istanbul Chief Public Prosecutor's Office, a new development has occurred regarding Mustafa Sandal's wife, Melis Sütşurup Sandal, and his father-in-law, Cihan Sütşurup. It was stated that the father and daughter, whose assets were seized and for whom arrest warrants were issued, applied to the prosecutor's office through their lawyers to return the approximately 3 billion lira in gains they obtained from the TERA fund.
A new development has occurred in the fund investigation concerning capital market transactions conducted by the Istanbul Chief Public Prosecutor's Office. It was stated that singer Mustafa Sandal's wife, Melis Sütşurup Sandal, and her father, Cihan Sütşurup, after arrest warrants were issued for them, applied to the prosecutor's office through their lawyers and wanted to return their fund earnings.
THEY EARNED APPROXIMATELY 3 BILLION LIRA FROM THE FUND According to data reflected in the investigation file, Melis Sütşurup Sandal deposited 13 billion 673 million lira into TERA's TLY fund in 2026. The total fund outflow from her accounts in the same year was recorded as 15 billion 793 million lira.
It was stated that Sandal earned a profit of 2 billion 355 million 287 thousand lira from this fund alone and ranked first among individuals.
It was reported that her father, Cihan Sütşurup, deposited 3 billion 707 million lira into the fund in the same period and ranked sixth by earning a profit of 639 million 402 thousand 912 lira.
Thus, the total earnings the father and daughter obtained from the fund reached approximately 2 billion 995 million lira.
Cihan Sütşurup THEIR LAWYERS APPLIED TO THE PROSECUTOR'S OFFICE According to a report by Halit Turan from Günaydın, the lawyers of the father and daughter, for whom arrest warrants had been issued within the scope of the investigation and who were stated to have gone abroad, applied to the Istanbul Chief Public Prosecutor's Office.
It was alleged that the lawyers conveyed the request "We want to return the money we earned from the fund" on behalf of the Sütşurup family.
THE PROSECUTOR'S OFFICE DIRECTED THEM TO THE TMSF According to the report, the Chief Public Prosecutor's Office directed the lawyers who made the application to the Savings Deposit Insurance Fund (TMSF) for the execution of administrative and financial procedures.
It is not yet clear how the return process will work or how much the amount to be repaid will be. The investigation into the father and daughter is ongoing.