Response from IMM to Metro Credit Claims

Istanbul Metropolitan Municipality (IMM), announced that the claims that the loan financing received for the metro projects were used in other areas do not reflect the truth. Since 2019, IMM 2,3 billion euros of external financing It was stated that he provided and paid the same amount.

In the statement, it was emphasized that the process of obtaining these financings is completely transparent and auditable. The loans, With the approval of the Strategy and Budget Directorate, the Municipal Council and the Ministry of Treasury and FinanceIt was stated that all expenditures were made in accordance with international audit and transparency rules. In addition, Court of Accounts, Civil Inspectorate and financial institutions It was shared that it was regularly inspected by.

The statement said, “Projects such as Ataköy-İkitelli, Dudullu-Bostancı, Çekmeköy-Sultanbeyli were implemented as a direct result of these financings,” and drew attention to the fact that the loans received were transferred to metro projects. The IMM stated that “legal processes will be initiated regarding false and slanderous publications” that foreign financings were used for purposes other than intended, and that “all necessary legal procedures will be carried out until the end regarding individuals and institutions that knowingly mislead the public.”