Freezing Assets Linked to Terror Groups: Financial System's Safety Net Under Strain

The Ministry of Treasury and Finance has frozen the assets of 123 individuals and entities linked to FETÖ/PDY and DHKP/C, citing credible evidence of financial support to terror organizations. The frozen assets include $1.5 billion in stock certificates, $400 million in cash, and $3 million in precious items.

The Hidden Economy of Terror Financing Unfolds

■123 entities were frozen, but legal channels used by terror groups remain active.

■Frozen assets include 500 stocks listed on Borsa İstanbul.

■Supermarket chains, construction firms, and investment funds are under scrutiny, as they appear to be part of the terror group's financial network.

How Markets and Investors Are Reacting?

■The Borsa İstanbul index has dropped 10%, as investors assess the risks of frozen assets.

■Foreign exchange markets are also affected, as terror financing has spread through legal channels.

■Gold prices have risen by 3%, reflecting increased confidence.

This decision exposes the presence of hidden terror financing in Turkey's financial system. However, the continuation of these activities through legal channels may lead markets to be more risk-averse in the long term. Investors must adopt a more rigorous due diligence process to identify the owners of frozen assets.