Turkish Banker Convicted Of Scheming To Aid Iran

Turkish Banker Convicted Of Scheming To Aid Iran

U.S. District Judge Richard Berman of the Southern District of NY presided over the case.

The Turkish foreign ministry called the verdict "unjust and unfortunate" and the trial an 'unprecedented interference in Turkey's internal affairs'.

Mehmet Hakan Atilla, a Turkish bank executive at majority state-owned Halkbank, was convicted by Manhattan federal court on five counts related to bank fraud and conspiracy to violate USA sanctions law on Wednesday.

The statement slammed the trial was based on evidence which was fake and open to political exploitation.

In a stock exchange filing, Halkbank said it was not a party in the us court case and that there was no administrative or financial decision taken against Halkbank by the court.

Zarrab testified that Atilla helped design fraudulent transactions of gold and food that allowed Iran to spend its oil and gas revenues overseas, including through USA financial institutions, defying US sanctions.

Atilla, 47, was found to have conspired with a gold trader, Reza Zarrab, and others to help Iran escape sanctions by disguising financial transactions as humanitarian food payments.

A jury on January 3 found Atilla, an executive at Turkish state-owned bank Halkbank, guilty of fraud and conspiracy, but he was found not guilty on a money-laundering charge. The paper also notes the court has prepared an "extradition request to be sent to the USA for the suspect".

More news: French beef producers cheer return to China
More news: "Star Wars" out, "Jumanji" in at box office
More news: Notice to son before Lalu Prasad Yadav's sentencing

He was cleared of one count of money laundering.

The Turkish police officer, Huseyin Korkmaz, testified that he was a top investigator in a smuggling and bribery probe that led to the jailing of Zarrab and others in the sanctions scheme in 2013. Zarrab, who pleaded guilty, testified against Atilla.

Turkey has already requested that Gulen be extradited but US officials have said the USA would need to see credible evidence of his alleged crimes before sending him back home.

For his part, Turkey's government spokesman Bekir Bozdag said that his country opposes foreign intervention in any state or the attempt to carry out regime change through force or unconstitutional and unlawful means.

The ministry branded the United States ruling as "unfair and unfortunate", and "a shame of law", expressing hope that the decision would be reversed.

Atilla has denied all of the charges against him.

Atilla faces decades in a U.S. prison when he is set to be sentenced on April 11. Atilla's lawyer said his client was merely "a hapless pawn" in those deals, blaming Halkbank's client, Reza Zarrab, instead.

Related Articles

  • Internet meme has teens eating laundry detergent pods

    Internet meme has teens eating laundry detergent pods

    At the moment, the Tide pod challenge appears to be a joke and it does not seem that anyone has actually eaten the pods yet. By 2015, jokes about wanting to consume the pods had become so rampant that even The Onion had to satirize the topic.
    Oregon Ducks upset #11 Sun Devils in decisive fashion — ASU Men's Basketball

    Oregon Ducks upset #11 Sun Devils in decisive fashion — ASU Men's Basketball

    What's better than a highlight-reel dunk that gets the crowd erupting? Arizona State tied the score for the final time at 58-58. The Oregon Ducks are among seven teams that enter the week with double-digit wins overall. "We have to make each other better.
    What Tommy Wiseau Wanted to Say on Stage — Golden Globes

    What Tommy Wiseau Wanted to Say on Stage — Golden Globes

    Instead, Franco referenced something Wiseau said before setting out to make The Room , a movie that's so bad it's incredible . The Breakfast Club actress made it clear she was not on board with Franco's attendance to the Golden Globes or his award.
  • Pistons, Blazers presumably join Utah Jazz in Mirotic pursuit

    Pistons, Blazers presumably join Utah Jazz in Mirotic pursuit

    Mirotic can't technically be traded until Jan 15, but even that's an early than expected target date for Mirotic to be moved. Acquiring Mirotic now would eliminate these concerns, and allow the Jazz to focus on adding other pieces in the offseason.
    Quake  cluster strikes Iran-Iraq border

    Quake cluster strikes Iran-Iraq border

    Several other earthquakes hit eastern Iran , according to USGS, and were also felt in Iraq's eastern and central provinces. According to Iran's state TV, the western province of Kermanshah was hit by a strong quake .
    Cindy Crawford Recreates Iconic 1992 Pepsi Super Bowl Ad

    Cindy Crawford Recreates Iconic 1992 Pepsi Super Bowl Ad

    A social media campaign, #PepsiHalftimeLive, offers the chance to win sideline passes to see Timberlake perform at the Super Bowl. The Pepsi Super Bowl 2018 ad is one of the first ads to absolutely looking forward too.
  • The Fad That Won't Die: PUBG Hits 3 Million Players on Xbox

    The Fad That Won't Die: PUBG Hits 3 Million Players on Xbox

    Anyway, Greenberg explains that PUBG will keep getting better on Xbox One this year, just as is the case on the PC. From December 12, 2017 list of platforms the game was added and Xbox One , which she, too, is out in early access.
    Mike Tyson Is Opening a Giant Pot Farm and Resort

    Mike Tyson Is Opening a Giant Pot Farm and Resort

    He tested positive for marijuana following a 2000 win over Andrew Golota, a decision that was later changed to "no contest ". California is the sixth U.S. state to legalize medical marijuana for recreational use.
    Macron vows to keep up pace of reforms

    Macron vows to keep up pace of reforms

    The televised New Year's speech was the 40-year-old president's first year-end address following his electoral victory in May. He also said limits would be put on how much could be spent on sponsored news material.
  • Israel PM Netanyahu to arrive on six-day visit to India

    Israel PM Netanyahu to arrive on six-day visit to India

    In Mumbai, Netanyahu will meet with Jewish community leaders and select members of the Indian business community. In Delhi, both the prime ministers will hold bilateral dialogue and later attend a CEO forum and business event.
    Dakar Rally 2018: Stage 4

    Dakar Rally 2018: Stage 4

    Nevertheless, the Indian rider is still in contention and completed the day in 56th place overall. The Kamaz driver leads the overall classification by 58:05 over Federico Villagra of De Rooy.
    Danish Retailer May Have Just Leaked Red Dead Redemption 2 Release Date

    Danish Retailer May Have Just Leaked Red Dead Redemption 2 Release Date

    If Coolshop's now-redacted release date is to be believed, it seems we'll be returning to the wild west this summer instead. A couple of days and we'll all be correcting our instinctive datings to 2018, and Spring is a lot closer than you think.