content tagged with halkbank

Halkbank sues BirGün newspaper over ‘loan to mafia’ report

Halkbank sues BirGün newspaper over ‘loan to mafia’ report

The newspaper revealed that the state-owned bank had granted over 550 million liras in loans to Ayhan Bora Kaplan, who is currently remanded in custody and facing charges of leading an organized crime syndicate.

Former Halkbank executive Hakan Atilla detained at airport

Former Halkbank executive Hakan Atilla detained at airport

Atilla, who was sentenced to prison in the US for breaking Iran sanctions, has been detained while traveling to Cyprus.

US appeals court puts Halkbank trial on hold

US appeals court puts Halkbank trial on hold

The order of the 2nd US Circuit Court of Appeals in Manhattan has allowed Turkey’s state-owned Halkbank to lodge an appeal without having to defend against the criminal case at the same time.

17 January 2022

Reza Zarrab turns out to be released on bail in the US

HALKBANK CASE

Reza Zarrab turns out to be released on bail in the US

Arrested in the US as part of the trial of Turkey’s state-owned Halkbank, Reza Zarrab was apparently released on bail. It has turned out the Zarrab has been given permission to move in New York and Florida without permission.

3 November 2021

US imposes 10-year trading ban on former Halkbank executive Hakan Atilla

US imposes 10-year trading ban on former Halkbank executive Hakan Atilla

According to the decision of the US Industry and Security Bureau, former Halkbank executive Atilla “may not, directly or indirectly, participate in any transaction involving any commodity, software or technology exported or to be exported from the US.”

Former Halkbank executive Hakan Atilla resigns as head of İstanbul Stock Exchange

Former Halkbank executive Hakan Atilla resigns as head of İstanbul Stock Exchange

Atilla served 24 months in prison in the US for helping Iran evade sanctions before being appointed as the head of Borsa İstanbul.

FinCEN files: Turkey-based businessperson used UK bank in scheme to evade Iran sanctions

FinCEN files: Turkey-based businessperson used UK bank in scheme to evade Iran sanctions

Reza Zarrab, a businessperson with a dual citizenship of Turkey and Iran, had pleaded guilty in a US court to helping evade Iran sanctions through Turkey's state-owned Halkbank.

21 September 2020

US judge refuses to recuse himself from Halkbank trial

US judge refuses to recuse himself from Halkbank trial

Turkey's state-owned bank had applied for recusal, claiming that Judge Berman had "relations with Gulenists."

Turkey's media authority head also appointed as a board member at state-run bank

Turkey's media authority head also appointed as a board member at state-run bank

After public criticism, the RTÜK chair had resigned from his position at a state-owned satellite communications corporation. Now he has been appointed to Halkbank's board of directors.

US appeals court upholds former Halkbank manager's sentence

US appeals court upholds former Halkbank manager's sentence

Hakan Atilla, a former manager of Turkey's state-owned Halkbank, was sentenced to 32 months in prison for evading the US sanctions on Iran.

Halkbank Agrees to Appear in US Court in Sanctions Case

Halkbank Agrees to Appear in US Court in Sanctions Case

With its appeal rejected, Turkey’s state-owned Halkbank has agreed to attend the hearings in the lawsuit filed for evading the US sanctions against Iran.

26 February 2020

Halkbank Granted Reprieve in US Prosecution Over Iran Sanctions

Halkbank Granted Reprieve in US Prosecution Over Iran Sanctions

A court of appeals in Manhattan has granted Turkey’s state-owned Halkbank a temporary stay in Iran sanctions case so that its requests can be heard by a three-judge panel.

4 February 2020

US Prosecutors Demand Higher Penalties for Halkbank for Refusing to Appear in Court

US Prosecutors Demand Higher Penalties for Halkbank for Refusing to Appear in Court

The US has demanded that the penalty to be imposed on Halkbank for refusing to appear in court double after each hearing. While prosecutors initially demanded 1 million dollars a day, this figure could now increase to 1.8 billion dollars in 8 weeks.

22 January 2020

US Judge Rejects Halkbank's Request to Delay Prosecution

US Judge Rejects Halkbank's Request to Delay Prosecution

"Halkbank has two reasonable choices: It can either appear in a US court to raise any legitimate defense or it can choose not to appear and face any attendant risks," Judge Berman has said.

27 December 2019

Halkbank's Atilla Appeals Sentence He Already Served

Halkbank's Atilla Appeals Sentence He Already Served

State-owned Halkbank's former deputy general manager Atilla, who was released from a US prison in July, has appealed the sentence he received for taking part in a scheme to evade US sanctions on Iran.

17 December 2019

Justice Minister: US Criminal Case Against Halkbank 'Political Blackmail'

Justice Minister: US Criminal Case Against Halkbank 'Political Blackmail'

Minister Gül has said that charges being filed against Halkbank after Turkey launched a military operation into northern Syria "clearly shows that it has a political rather than judicial basis."

17 October 2019

Halkbank to Exert 'All Legitimate Rights' Against 'Overreaching' US Charges

Halkbank to Exert 'All Legitimate Rights' Against 'Overreaching' US Charges

Turkey's second-largest state bank has released a statement after being charged with several offenses by the US prosecutors.

16 October 2019

US Prosecutors Charge Halkbank with Six Offenses

US Prosecutors Charge Halkbank with Six Offenses

Charges against Turkey's state-owned bank for attempting to evade Iran sanctions include bank fraud and money laundering.

16 October 2019

Zarrab Confirms Bribing then Minister of Economy Çağlayan

REZA ZARRAB CASE 7TH HEARING

Zarrab Confirms Bribing then Minister of Economy Çağlayan

The seventh hearing in the trial of then Halkbank Deputy General Director Mehmet Hakan Atilla charged with evading US sanctions on Iran, was held on December 7. Testifying as a witness Reza Zarrab confirmed that the piano and the wrist watch he gave to then Minister of Economy Zafer Çağlayan was a bribe to work with Halkbank.

8 December 2017

Zarrab Under Cross-Examination

REZA ZARRAB CASE 5TH HEARING

Zarrab Under Cross-Examination

The fifth hearing in the trial of then Halkbank Deputy General Director Mehmet Hakan Atilla charged with evading US sanctions on Iran, was held on December 5. Testifying as a witness, under cross-examination, Reza Zarrab confirmed that Atilla did not ask him for any bribe.

6 December 2017

Zarrab Admits Having Bribed His Way Out of Prison During December 17-25 Corruption Investigations

REZA ZARRAB CASE 4TH HEARING

Zarrab Admits Having Bribed His Way Out of Prison During December 17-25 Corruption Investigations

The 4th hearing in the trial of then Halkbank Deputy General Director Atilla charged with evading US sanctions on Iran, was held on December 4. Testifying as a witness, Zarrab confirmed that he bribed his way out of prison after getting arrested in the December 17-25 corruption and bribery investigations.

6 December 2017

Assets of Sarraf, His Acquaintances to Be Confiscated

Assets of Sarraf, His Acquaintances to Be Confiscated

As a part of an investigation launched by İstanbul Chief Public Prosecutor’s Office Bureau for Terror and Organized Crimes, assets of Rıza Sarraf and his acquaintances will be confiscated. Reason for the confiscation decision is “Acquiring confidential information for a foreign state with purpose of spying”.

4 December 2017