IslamicFinance.de

Hasan Say?n, a major shareholder of Bank Asya, is accused of insider trading for capitalizing on his knowledge to trade away his shares of the Gülenist bank and illegally earning millions of dollars. It was determined that Hasan Say?n traded millions of dollars on the stock exchange right before it was announced that Bank Asya was negotiating with Qatar Islamic Bank (QIB). The Capital Market Board (SPK), which is investigating the insider trading claims, is now getting ready to file a criminal complaint. Bank Asya had reportedly invited the holders of 290 privileged shares of the bank to discuss partnership options with the QIB, including Hasan Say?n and ?brahim Say?n. It was determined that both of them then traded millions of Bank Asya shares.