Halkbank

Turkish Bank Case Showed Erdogan’s Influence With Trump – New York Times

Turkey had mounted an elaborate influence campaign in Washington to deal with Halkbank. It predated Mr. Trump’s election but came to encompass a broad cast of players, including Rudolph W. Giuliani, the former New York mayor; Michael T. Flynn, Mr. Trump’s first national security adviser; and Brian D. Ballard, a lobbyist and fund-raiser for the president.

After senior Turkish government officials lobbied Treasury Secretary Steven Mnuchin and Mr. Trump, Mr. Mnuchin pressed the Justice Department not to impose too large a fine on Halkbank because Turkey could not afford it, two federal officials said. Mr. Mnuchin’s office declined to comment on Halkbank but added that the Treasury and Justice Departments “routinely consult and coordinate” on sanctions cases and fines.

Mr. Bolton and others said they could not fully explain why Mr. Trump seemed so determined to please Mr. Erdogan.

Turkey’s Halkbank must face U.S. indictment over Iran sanctions violations, judge rules – Reuters

NEW YORK (Reuters) – A U.S. judge on Thursday refused to dismiss an indictment accusing state-owned Turkish lender Halkbank HALKB.IS of helping Iran evade American sanctions. U.S. District Judge Richard Berman in Manhattan rejected Halkbank’s claim that the Foreign Sovereign Immunities Act shielded it from prosecution, saying that law did not appear to grant immunity …

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Turkey’s Lobbyists Had Deep Access to Trump White House – Courthouse News

MANHATTAN (CN) – Ballard Partners, the firm dubbed “the Most Powerful Lobbyist in Trump’s Washington,” ended its years-long contract with Turkey’s state-run Halkbank last week, the day after that bank’s indictment in a record-breaking money-laundering scheme. Halkbank’s prosecution comes amid the precipitous withdrawal of U.S. troops from Syria following a phone call between President Donald …

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