"Usury investigation against Q Investment Bank! 3 executives in custody."

07.11.2025 20:41

The Istanbul Chief Public Prosecutor's Office has launched an investigation into Q Investment Bank for "usury," which refers to the crime of lending money at illegal interest rates. It has been determined that the bank provided loans to financially troubled companies by applying interest rates above the legal limits, thereby obtaining unjust profits. As part of the investigation, Ali Ercan, Yasef Mitrani, and Mehmet Aydoğdu have been detained.

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Within the scope of the investigation conducted by the Istanbul Chief Public Prosecutor's Office, it was determined that the crime of "usury" was committed through Q Investment Bank and that findings were made regarding the "laundering" of the income obtained.



LOANING MONEY TO COMPANIES IN FINANCIAL DIFFICULTY



Within the scope of the investigation, it was determined that loans were provided under the name of credit to companies in financial difficulty by the officials of Q Investment Bank, outside 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), with the aim of obtaining unjust profits.



Usury investigation against Q Investment Bank! 3 executives detained


3 EXECUTIVES DETAINED



Within the scope of the investigation, Q Investment Bank official suspect Ali Ercan along with other suspects Yasef Mitrani and Mehmet Aydoğdu were detained. It was learned that search and seizure operations are ongoing, and the investigation related to the incident continues.



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