US COURT CONVICTS TURKISH BANKER FOR IRAN SANCTIONS BUSTING
January 1st, 2018
AN AMERICAN court has convicted a former executive of a Turkish state-owned bank for operating a duplicitous trading scheme that involved busting US financial sanctions against Iran. A key witness alleged that these actions had been approved by Turkey’s pugnacious President Recep Tayyip Erdoğan. The verdict could see the accused, Mehmet Hakan Atilla, once deputy general manager of international banking at Turkey’s Halkbank, jailed for up to 30 years at his sentencing hearing on April 11. He has been found guilty of conspiracies to defraud the USA; violating ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.