Reza Zarrab

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 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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The Biggest Sanctions-Evasion Scheme in Recent History – The Atlantic

And the swashbuckling gold trader at its center Yesterday, Turkish banker Mehmet Hakan Atilla was found guilty in a Manhattan courtroom for a range of financial crimes. His dramatic trial revealed that tens of billions in dollars and gold moved from Turkey to Iran through a complex network of businesses, banks, and front companies. The …

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