Turkey approves liquidation of US-sanctioned Golden Global’s funds

Turkey’s Capital Markets Board approved the liquidation of six funds managed by Golden Global Portfoy, according to its bulletin, following US sanctions imposed on companies linked to the group over Iran-related activities.

The funds include Golden Global’s short-term lease certificates, gold and money market participation funds, as well as three venture capital investment funds managed by the company.

by Reuters – Turkey approves liquidation of US-sanctioned Golden Global’s funds

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