Erdogan Warns of Firm Action in Fund Probe, Cites School Safety

President Recep Tayyip Erdogan addressed reporters after a Cabinet meeting at the presidential complex on Monday. He said the government had thoroughly reviewed the fund investigation that has dominated headlines since September 17, with the justice and finance ministers presenting detailed briefings.

Erdogan declared that anyone who reaches for the nation's rights, laws, assets, or property will face the state. He insisted the issue is confined to a limited segment of the fund market and poses no systemic risk to the financial system.

“Whoever reaches for the nation's rights, laws, assets, or property will find us, will find the state before them.”

The president also said the Cabinet revisited school safety measures introduced after last year's incidents. He offered condolences for a teacher killed in Osmaniye and wished recovery for three children injured in Turgutlu.

Erdogan highlighted recent infrastructure openings, including 26 projects in Rize worth over 10 billion lira and the Samsun City Hospital valued at 17 billion lira. He noted Istanbul Airport's fourth runway has raised total runways to six.

The president announced a meeting with economic officials and regulators for Tuesday to discuss further legal and administrative steps for capital markets.