Pawning of assets fund

Wealth funds are set up in countries that are rich in natural resources, such as oil, with the aim of carrying the public wealth accumulated today and in the near future to the future, in other words, to the grandchildren. The aim is to carry today's wealth to the future, to next generations. 

In a country like ours, which does not have natural resources, these funds are formed so that the debts to be created by pawning the assets owed to pay for today's expenditures, would carry the debts to the future, in other words to the grandchildren. 

What we see today as the Turkish Wealth Fund is not a wealth fund; it is the pawning of the wealth fund. 

The Wealth Fund law in question was processed in parliament in August. In the month of January, by extending the power of issuing statutory decrees and using the power against its aim, additional specifications were introduced for assets to be included in this fund. The extent was so broadened that the related article was as if "Whatever I want, I can hand over to this fund."

With this "downloaded" article, thanks to the power that was not given to the government by the parliament, a statuary decree was added to the law. It was declared over the weekend that the shares of several public

 companies and banks were handed over to the sovereign wealth fund. Without the approval of the parliament and with a power that has no relation to the state of emergency, an article is added to the law and transfers are done according to this. There is no debate that this is unlawful. It is highly probable that all the dealings that will be done from today onwards will be taken to court. 

This fund is so uncontrolled that, as a matter of fact, it will be the prime minister who will appoint...