content tagged with money laundering

Influencer Dilan Polat released in major money laundering case

Influencer Dilan Polat released in major money laundering case

Last year, several social media influencers were arrested over allegedly laundering illegal betting money through beauty centers across Turkey. The most well-known among them has been released pending trial.

Twenty three people from 12 countries with search warrants detained in operations

Twenty three people from 12 countries with search warrants detained in operations

Interior Minister Yerlikaya announced that operations were carried out in 6 provinces against 23 individuals with search warrants in Germany, Belgium, Bulgaria, South Korea, Iraq, Iran, Switzerland, Kazakhstan, Romania, Russia, Turkmenistan, and Jordan.

19 February 2024

Former journalist faces charges of influence peddling

Former journalist faces charges of influence peddling

The phone conversations between Veyis Ateş and the fugitive businessperson Sezgin Baran Korkmaz, accused of money laundering, have been included in the indictment. The prosecution has requested a prison sentence of two to five years for Ateş.

12 February 2024

Austria to extradite fraud suspect to US instead of Turkey

Austria to extradite fraud suspect to US instead of Turkey

Both Turkey and the US had requested the extradition of Sezgin Baran Korkmaz, a citizen of Turkey, who is accused of defrauding the US Treasury and money laundering.

İYİ Party Chair Akşener: In Turkey, money laundered by the state

İYİ Party Chair Akşener: In Turkey, money laundered by the state

İYİ Party Chair Meral Akşener says, “If there is wide-scale money laundering in your country, terrorist groups obtain funding from your country and you do not struggle against these problems, you are put on the grey list.”

27 October 2021

Finance watchdog FATF 'grey lists' Turkey, Turkey denounces the decision

Finance watchdog FATF 'grey lists' Turkey, Turkey denounces the decision

The Financial Action Task Force has downgraded Turkey to the grey list due to its shortcomings in preventing money laundering and terrorist financing. The Ministry of Treasury and Finance has criticized the decision in a statement.

22 October 2021

Businessperson facing fraud charges in Turkey, US to remain under arrest in Austria

Businessperson facing fraud charges in Turkey, US to remain under arrest in Austria

Both countries want the extradition of Sezgin Baran Korkmaz, who is charged with defrauding the US Treasury and money laundering in Turkey.

Turkey wants extradition of businessperson detained in Austria for fraud charges in US

Turkey wants extradition of businessperson detained in Austria for fraud charges in US

Sezgin Baran Korkmaz is accused of defrauding the US Treasury and money laundering in Turkey. There have also been allegations that he was asked for bribe in Turkey for the charges against him to be dropped.

Opposition MP: Government to pass new 'dirty money' law out of despair

Opposition MP: Government to pass new 'dirty money' law out of despair

Six "dirty money" laws were enacted in 12 years to compensate for the loss of foreign investment, CHP deputy Özgür Özel has noted.

19 October 2020

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