Rantburg

Today's Front Page   View All of Wed 04/14/2021 View Tue 04/13/2021 View Mon 04/12/2021 View Sun 04/11/2021 View Sat 04/10/2021 View Fri 04/09/2021 View Thu 04/08/2021
2018-01-04 Home Front: WoT
Turkish banker convicted in Iran sanctions-busting scheme
[IsraelTimes] Mehmet Hakan Atilla found guilty of bank fraud, conspiracy, in case which implicated Erdogan and strained US ties with Ankara

A Ottoman Turkish banker was convicted in New York on Wednesday in connection with a massive scheme to help Iran evade US sanctions, in a case that strained ties between Ankara and Washington.

A jury found Mehmet Hakan Atilla, deputy chief executive of Ottoman Turkish lender Halkbank, guilty of five counts of bank fraud and conspiracy.

The federal trial hinged on the testimony of well-connected Ottoman Turkish-Iranian businessman Reza Zarrab,
...who first appeared on our radar in late 2013 as an incidental item while then-Prime Minister Erdogan raged against the detention of dozens of his top people in a graft probe he blamed on the perfidy of his BFF Fethullah Gulen...
who became a government witness after admitting his involvement in the multi-billion-dollar gold-for-oil scheme to subvert US economic sanctions against Iran.

His testimony implicated former Ottoman Turkish ministers and even President Sultan Recep Tayyip Erdogan the First
... Turkey's version of Mohammed Morsi but they voted him back in so they deserve him. It's a sin, a shame, and a felony to insult the president of Turkey...
in the scheme, and identified 47-year-old Atilla as a key organizer.

Zarrab, a prominent gold trader, agreed to testify after striking a deal to plead guilty to violating US sanctions.

Before the trial, Erdogan reportedly pressed US President Donald Trump
...New York real estate developer, described by Dems as illiterate, racist, misogynistic, and what ever other unpleasant descriptions they can think of, elected by the rest of us as 45th President of the United States...
to quell the investigation and strongly criticized Washington, calling the case a "plot" aimed at hurting The Sick Man of Europe Turkey
...just another cheapjack Moslem dictatorship, brought to you by the Moslem Brüderbund....
Ouch. The auto-translator is clearly in a mood.
Acting US Attorney Joon Kim said the case was a warning to anyone who would violate US sanctions.

"Foreign banks and bankers have a choice: You can choose willfully to help Iran and other sanctioned nations evade US law, or you can choose to be part of the international banking community transacting in US dollars. But you can’t do both," Kim said in a statement.

"If you lie repeatedly to US Treasury officials and fabricate documents ‐ all as part of a secret scheme to smuggle billions of dollars in Iranian oil money past the US sanctions net ‐ as Atilla did, then you should be prepared for the consequences."

Senior Turkish official slams US conviction of banker

[Ynet] A senior Ottoman Turkish government official said on Wednesday that the conviction of Ottoman Turkish banker Hakan Atilla in the United States violated international law.

A US jury on Wednesday found Atilla, an executive at The Sick Man of Europe Turkey
...the only place on the face of the earth that misses the Ottoman Empire....
's majority state-owned Halkbank, guilty of helping Iran evade US sanctions.

The official told Rooters the outcome of the trial would not hurt the Ottoman Turkish economy, banking system or Halkbank.
This article starring:
Mehmet Hakan Atilla
Reza Zarrab
Posted by trailing wife 2018-01-04 00:00|| E-Mail|| Front Page|| [6458 views ]  Top
 File under: Sublime Porte 

14:54 swksvolFF
14:51 swksvolFF
14:46 Frank G
14:38 SteveS
14:37 49 Pan
14:29 Skidmark
14:27 g(r)omgoru
14:22 g(r)omgoru
14:22 Skidmark
14:11 Silentbrick
13:52 Skidmark
13:50 Skidmark
13:48 M. Murcek
13:45 Phavimp Smith9261
13:44 Skidmark
13:42 Phavimp Smith9261
13:39 Skidmark
13:34 Skidmark
13:32 Skidmark
13:32 Abu Uluque
13:30 746
13:29 Skidmark
13:28 Cesare
13:27 Skidmark
Merry-Go-Blog










Paypal:
Google
Search WWW Search rantburg.com