Quantcast
Connect with us

Federal prosecutors charge Giuliani-tied Turkish bank with scheme to violate US sanctions on Iran

Published

on

On Tuesday, federal prosecutors from the Southern District of New York announced charges against a Turkish bank for fraud, money laundering, and a scheme to circumvent U.S. sanctions on Iran.

“As alleged in today’s indictment, Halkbank’s systemic participation in the illicit movement of billions of dollars’ worth of Iranian oil revenue was designed and executed by senior bank officials,” said U.S. Attorney Geoffrey Berman. “The bank’s audacious conduct was supported and protected by high-ranking Turkish government officials, some of whom received millions of dollars in bribes to promote and protect the scheme. Halkbank will now have to answer for its conduct in an American court.”

ADVERTISEMENT

These charges come as new scrutiny falls on Reza Zarrab, the Turkish-Iranian gold trader who was convicted of bribery as part of the Halkbank scheme. Rudy Giuliani previously acted as counsel for Zarrab and, at his urging in 2017, President Donald Trump tried to get then-Secretary of State Rex Tillerson to relay to the Justice Department not to pursue the case. Turkish President Recep Tayyip Erdoğan has also leaned on both Trump and former President Barack Obama to drop the Halkbank investigation.

Halkbank also made news recently after Sen. Lindsey Graham (R-SC) told a prank caller pretending to represent the Turkish government that Trump was willing to help them with the investigation.


Report typos and corrections to: [email protected].
READ COMMENTS - JOIN THE DISCUSSION
Continue Reading

Breaking Banner

Fox News’ Geraldo Rivera attacks former White House press secretary on Twitter as ‘old douche’

Published

on

In a bizarre moment, Sunday evening politics turned into a war of wards in President Donald Trump's Twitter comments.

Fox News commentator Geraldo Rivera responded to former press secretary Joe Lockhart, who had replied to one of the tweets Trump retweeted from Rivera.

"Gloom settling on Democrats as they realize they’ve taken their best kill shot & missed. Dems in despair. Republicans United. @realDonaldTrump survives & #Impeachment all over but the shouting," said Rivera, hopefully not literally saying that Democrats wanted to shoot or kill the president.

Lockhart responded to the comment by mocking the Fox News host, saying that he was only making the comment to help get his contract renewed.

Continue Reading

Breaking Banner

‘Now we see why’ Trump blocked Bolton from testifying — and Republicans are barring witnesses: Adam Schiff

Published

on

House Intelligence Committee Chairman Adam Schiff (D-CA) is one of the handful of members of Congress who have served as managers for President Donald Trump's impeachment trial. He has not only navigated the past week of the trial, but he conducted the first major hearing.

After the New York Times revealed key facts from former national security adviser John Bolton's upcoming book, Schiff said that it was clear the information Bolton has is why Trump blocked him from testifying.

“I think you have to for the sake of the office,” Trump told Fox News’s Laura Ingraham when she asked if he would block Bolton.

Continue Reading
 

Breaking Banner

John Bolton went to Bill Barr with concerns about Giuliani’s ‘shadow foreign policy’ in Ukraine: report

Published

on

Attorney General Bill Barr was cited recently by Rudy Giuliani's associate Lev Parnas as being part of the "team" of people workign to create a conspiracy to help get President Donald Trump reelected.

“Attorney General Barr was basically on the team,” said Parnas in an interview with MSNBC's Rachel Maddow. “Mr. Barr had to know about everything.”

Parnas' lawyer, Joseph Bondy, has demanded that Barr recuse himself from overseeing the Parnas trial and investigation.

Continue Reading
 
 
Help Raw Story Uncover Injustice. Join Raw Story Investigates for $1 and go ad-free.
close-image