UPDATED 05.28PM IST

Share This
  • UK |
  • India |
  • USA |
  • Canada |
  • Mauritius
  •    info@mayatoday.com
Deepak Dogra
  • ad
  • ad
  • ad
  • ad
  • ad
  • ad
  • ad
  • ad
  • ad
  • ad

Turkey's Erdogan helped Iran evade US sanctions, witness claims

  • Turkey's Erdogan helped Iran evade US sanctions, witness claims

Turkish President Recep Tayyip Erdogan personally intervened in a scheme that allowed Iran to dodge US and UN sanctions, a gold trader with ties to the Turkish government claimed in explosive court testimony in New York on Thursday.

It's the first time Erdogan has been named in the closely-watched US criminal case over Iran's violations of international sanctions and movement of billions of dollars.

The case's central figure, Reza Zarrab, an Iranian-Turkish gold trader, was arrested in Miami last year and has since been the case's top named defendant. There are eight other defendants facing similar charges.

He quietly cut a plea deal last month and admitted to defrauding the United States, money laundering, and bank fraud, according to court documents.

On Thursday, Zarrab testified in federal court about Erdogan's alleged role in Zarrab's scheme, which involved laundering funds from Iranian oil and gas sales through Turkish banks, including the state-run bank, Halkbank.

Zarrab testified that when the amount of money illegally flowing through Turkey's Halkbank became too much to handle, Erdogan approved getting two more Turkish banks involved: Vak?fBank and Ziraat Bank.

Zarrab said he received this information from the government official he claims to have bribed to take part in the scheme, former Turkish economy minister Zafer Caglayan. Caglayan denied all allegations in a Turkish probe into these allegations that started in 2013.

On Thursday, Erdogan responded to Zarrab's testimony from Wednesday, saying Turkey "did the right thing" and did not violate US sanctions against Iran,

"The prime minister of that time, Recep Tayyip Erdogan, and [then] Minister of Treasury Ali Babacan had given orders for them to start the trades, the banks," Zarrab said Thursday. from the Turkish government on Zarrab's testimony and is awaiting response.

In their court filings, the US government has not alleged that Erdogan cooperated in the scheme.


: December 1, 2017 1:20 pm
Read 212 times

RELATED STORIES

Rahul targets Modi over high fees in Gujarat's educational institutions
Rahul targets Modi over high fees in Gujarat's educational institutions

Congress Vice President Rahul Gandhi on Saturday questioned Prime Minister Narendra Modi on the &quo

Sonia Gandhi greets nation on Milad-un-Nabi
Sonia Gandhi greets nation on Milad-un-Nabi

Congress President Sonia Gandhi on Saturday greeted nation on the occasion of Milad-un-Nabi or Mawli

HC dismisses Moin Qureshi plea’s against arrest by ED
HC dismisses Moin Qureshi plea’s against arrest by ED

The Delhi High Court on Friday dismissed the plea of meat exporter and controversial businessman Moi

Turkey's Erdogan helped Iran evade US sanctions, witness claims
Turkey's Erdogan helped Iran evade US sanctions, witness claims

Turkish President Recep Tayyip Erdogan personally intervened in a scheme that allowed Iran to dodge

Emami Agrotech using inland waterways to deliver: CEO
Emami Agrotech using inland waterways to deliver: CEO

Following its first shipment of 250 tonnes of packed edible oils from Haldia port to Agartala via in

Who represents real America - Donald Trump or Donald Duck? Obama at HTLS
Who represents real America - Donald Trump or Donald Duck? Obama at HTLS

Former US president Barack Obama, who arrived in India on Thursday, addressed the Hindustan Times Le

Three killed in Peshawar university attack
Three killed in Peshawar university attack

At least three people were killed and 13 others injured when terrorists wearing burqas attacked a ho

Aadhaar to be big weapon against benami properties: PM Narendra Modi
Aadhaar to be big weapon against benami properties: PM Narendra Modi

Describing Aadhaar as a major "power" to bring about an "irreversible change" in

Comment*

Captcha* mayatoday
share on facebook
Advertisement
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner
  • banner