New Authority for Public Prosecutors: MASAK Conditions are Changing

The Financial Crimes Investigation Board (MASAK) made an official statement regarding the claims about the "authority of public prosecutors to seize without a MASAK report," which has recently developed and sparked discussions in the public. In the statement, it was noted that this new regulation is limited to specific crimes.

MASAK emphasized that the authority to seize is restricted to qualified fraud, qualified theft, and the misuse of bank/credit cards. This change aims to enable the rapid and effective tracking of illicit funds generated from these crimes within the financial system.

This innovation brought by the regulation is considered an important step towards preventing criminals from laundering the money they acquire and evading the financial system. MASAK aims to play a more effective role in combating such crimes and ensures that public prosecutors can take action without court approval.

This authority holds critical importance in terms of crime prevention and speeding up judicial processes. The fight against fraud emerges as a vital priority for increasing Turkey's financial security, while the effects of the regulation are a matter of curiosity.

Discussions continue in the public regarding how this new authority will be implemented and particularly how previously immune criminals will be affected by this situation. MASAK stated that it will share more information on this matter and follow the latest developments.