HÜDA PAR Deputy Chairman Faruk Dinç called for legal action over a fund liquidation crisis affecting about 456,000 investors in Türkiye, criticized municipal infrastructure spending following deadly floods and urged international action to address Gaza’s humanitarian crisis.

Speaking at the Turkish parliament on Friday, Dinç said the liquidation of 131 funds had exposed serious oversight failures and raised questions about reports that some investors who exited before the crisis made more than 187 billion lira in profits.

The crisis had affected retirees, civil servants, tradespeople and low-income citizens seeking to protect their savings, he said.

“Priority should be given to small investors; unjust gains must be recovered through effective legal means,” Dinç said, adding that officials who failed to fulfill their supervisory duties should be held accountable and taxpayers should not bear the cost of the losses.

He said the case highlighted the need for a more transparent economic system focused on production, labor and fair distribution.

Floods expose urban infrastructure problems

Turning to recent flooding in Istanbul and other Turkish provinces, Dinç said heavy rainfall alone could not explain the damage, pointing to uncontrolled construction, development on stream beds and floodplains, and inadequate drainage systems.

He said flooding had caused deaths and inundated thousands of homes and workplaces, with low-income families living in basement apartments and near waterways particularly vulnerable.

“Municipal administration is not a medium for shows and advertising, but a duty to protect the life and property safety of the people,” Dinç said, criticizing local authorities for spending on concerts and lavish events while essential infrastructure needs remained unmet.

He called for investment in drainage and sewer systems, restrictions on construction in flood-prone areas, stronger early-warning systems and support to help vulnerable families move to safer housing.

“Rain is a blessing; it is neglect that turns it into a disaster,” he said.

Dinç urges action on Gaza

On Gaza, Dinç said humanitarian assistance, shelter and healthcare were urgently needed but argued that aid alone would not resolve the crisis without an end to restrictions on Palestinians’ freedom of movement.

He urged regional countries to respond to Israeli threats and warned that leaving attacks and occupations unpunished could encourage further aggression.

“Regional countries should not wait for this recklessness to reach their own borders,” he said.

Dinç also called for a clear, binding timetable for Gaza’s reconstruction and urged mediators to prevent delays and additional conditions from undermining commitments.

He said attacks on Palestinians must stop and that civilians, particularly children and women, must be able to live in conditions consistent with human dignity. (ILKHA)