Erdoğan says $20 billion investment fund crisis is under control

President Erdoğan told exporters in Istanbul on 16 October that the government has brought under control a capital markets crisis that cost an estimated $20 billion across nearly 456,000 investor accounts. He said payouts from funds slated for liquidation began the previous week, and that those who profited from manipulation would be held accountable. He also criticised opposition parties for calling the episode a crisis.

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