After
SDNY Indicts Halkbank Turkey
Makes Atilla Manager of Istanbul
Stock Exchange
By Matthew
Russell Lee,
Patreon, Thread
Video
Honduras
- The
Source - The
Root - etc
SDNY COURTHOUSE,
Oct 21 – Turkey's Halkbank was
indicted for Iran sanctions
violations and money
laundering on October 15 in
the U.S. District Court for
the Southern District of New
York. On October 21, Turkey
named convicted former
Halkbank executive Hakan
Atilla as the new managing
director of Borsa Istanbul.
This came after Turkish
Foreign Minister Mevlüt
Çavuşoğlu on Saturday said the
SDNY case against Halkbank are
"politically motivated," and
Turkish Finance Minister Berat
Albayrak proclaimed that
Atilla had "returned to his
country and was reunited with
his family after an unjust
conviction." Call it doubling
down.
The UN under Antonio Guterres
is entirely dodging the
controversy, eager as Guterres
is to get a second term by not
offending either the US or any
other power, especially China
but also including Turkey.
Meanwhile Guterres' partner
the UN Censorship Alliance
(UNCA) has half of its content
consisting of defense of
Atilla and Erdogan, whether on
assaults on the Kurds or
violations of sanctions.
Here's from what the US
Attorney for the SDNY said (to
some) about Halkbank on
October 15: "The facts that
emerged at the full, fair, and
public trial of Halkbank’s
deputy general manager, which
culminated in a jury’s January
2018 guilty verdict against
him, illustrated senior
Halkbank management’s
participation in this brazen
scheme to circumvent our
nation’s Iran sanctions
regime. 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. 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.”
Inner City Press, with or it
seems without the evenhanded
assistance of the SDNY US
Attorney's Office, will
continue to cover these cases.
Watch this site.
***
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