Operation on Q Investment Bank in Istanbul: 3 Arrests

Important Statement from the Istanbul Chief Public Prosecutor's Office

The Istanbul Chief Public Prosecutor's Office announced that, as part of an ongoing investigation, Ali Ercan, an official of Q Investment Bank, along with individuals named Yasef Mitrani and Mehmet Aydoğdu, have been taken into custody.

Charges Against the Suspects

In the statement, it was noted that these individuals provided loans under the guise of credit to companies in financial difficulty in order to gain unlawful profits. This situation was stated to constitute usury offenses.

Details of the Investigation and Allegations of Unlawful Profit

The statement emphasized that the transactions conducted through Q Investment Bank were contrary to the Banking Law No. 5411 and that interest rates above those determined by the Central Bank of the Republic of Turkey (CBRT) were applied. It is alleged that the suspects obtained unlawful profits in this manner.

Further Information and Progress of the Investigation

As of 11/07/2025, search and seizure operations regarding the detained suspects are ongoing, and it was stated that the investigation is being conducted meticulously. It is announced with respect to the public.