Second stage for payment to fund investors! AK Party announced, the commission is convening

Turkey’s government is moving to a second phase of payouts to investors in a collapsed fund after completing reimbursements to small investors with up to 1 million lira each, AK Party parliamentary group leader Abdullah Güler said. A committee chaired by Vice President Cevdet Yılmaz is set to convene to set the next round of payments. The step matters because it extends state compensation beyond retail holders to larger claimants in the fund. What to watch next is the committee meeting and the size and timing of the second-phase payouts.