Papara Elektronik Money Inc., within the scope of the illegal betting investigation carried out by the Istanbul Chief Public Prosecutor’s Office, the Savings Deposit Insurance Fund (SDIF) was appointed as a trustee after a new public statement.
This statement reveals how the company’s operations were shaped after the SDIF Kayyım management took office. Temporary blocked accounts focused on the details.
Papara, within the framework of the laws no.
It was stated that temporary blocked was applied to the suspects identified accounts.
The new Board of Directors announced that a investigation was initiated for the company transactions under the coordination of the Financial Crimes Investigation Board (MASAK) coordination with the limits imposed by the Central Bank of the Republic of Turkey (CBRT). In this context, some user accounts were informed that temporary blocked.
Papara has been examined in detail and accounts that are not directly related to the investigation will be opened to access to access. reported. The suspected accounts will be reported to the relevant institutions within the legal framework.
In the statement, underlining that the company acted by preventing user grievances, the process is completely With the supervision and guidance of state institutions It was expressed.
The Papara administration said that the work continues to complete the process as soon as possible, and that users provide uninterrupted access to financial services are among the priorities.
In any case, all transactions and measures are carried out within the boundaries of the legislation. In addition, the company stressed that new developments will be shared with the public regularly by adhering to the principle of transparency.
This explanation, in the process after the appointment of the SDIF Kayyim First Official Information It is important in terms of being. Papara’s communication with the public about the current situation shows that the process continues to be carried out under control.
Below is the full text of the public announcement shared by Papara:
Papara Elektronik Money Inc. is responsible for the safe operation of the system, especially the Law No. 6493 on Payment and Securities Consensus Systems, Payment Services and Electronic Monetary Institutions as a financial payment agency, and to determine the unlawful transactions and to report them to the relevant institutions.
As it is known, within the scope of the illegal betting investigation carried out by the Istanbul Chief Public Prosecutor’s Office, our company has been appointed as the Savings Deposit Insurance Fund (SDIF) as a trustee and the new board of directors was established.
Within the scope of the said investigation, limits have been introduced to the transactions of our company by the Central Bank of the Republic of Türkiye (CBRT), which we are subject to the legislation in order to determine suspicious transactions.
Simultaneously, a temporary block was applied to a number of accounts found to be suspiciously within the scope of the examinations made by the new administration’s Instruction and Coordination of the Financial Crimes Investigation Board (MASAK).
Temporary accounts are examined in detail and the blocks in the accounts determined that they are not related to the investigation subject will be gradually removed and suspected accounts will be reported to the relevant institutions within the scope of the legislation.
In this process carried out under the coordination and supervision of state institutions, maximum care is taken to avoid any abuse, but also to avoid any user victims.
The process is completed as soon as possible and all our users can access financial services uninterruptedly.
Developments will continue to share in a very transparent way.
Papara