Turkish bank linked to Giuliani client charged with fraud, money laundering in New York

Federal prosecutors have charged a Turkish bank with ties to a former client of President TrumpDonald John TrumpLev Parnas implicates Rick Perry, says Giuliani had him pressure Ukraine to announce Biden probe Saudi Arabia paid 0 million for cost of US troops in area Parnas claims ex-Trump attorney visited him in jail, asked him to sacrifice himself for president MORE’s personal attorney Rudy GiulianiRudy GiulianiLev Parnas implicates Rick Perry, says Giuliani had him pressure Ukraine to announce Biden probe Parnas says he doesn't think that Joe Biden did anything wrong regarding Ukraine Parnas: Environment around Trump 'like a cult' MORE in connection with an alleged scheme to evade sanctions on Iran, according to the U.S. Attorney's Office for the Southern District of New York.

The six-count indictment alleges that Turkiye Halk Bankasi AS (Halkbank) was part of a conspiracy to give Tehran access to billions of dollars in defiance of sanctions that it concealed from U.S. regulators.

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“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,” U.S. Attorney for the Southern District of New York Geoffrey Berman said in a statement.

“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,” Berman added.

Reports last week said that in 2017, Trump pressured then-Secretary of State Rex TillersonRex Wayne TillersonAdvocates want GOP to address 'possibly illegal' Trump policy against immigrants Report: Trump UK ambassador fired deputy for mentioning Obama in speech Overnight Defense: Ex-Navy secretary slams Trump in new op-ed | Impeachment tests Pompeo's ties with Trump | Mexican president rules out US 'intervention' against cartels MORE to help convince the Justice Department to drop a criminal case against Turkish-Iranian gold trader Reza Zarrab, who was himself charged in a sanctions-evasion scheme and represented by Giuliani.

Zarrab eventually pleaded guilty and testified against Mehmet Hakan Atilla, who headed international banking at Halkbank, also claiming Turkish President Recep Tayyip Erdoğan was aware of the laundering effort.

While Erdoğan has denied Zarrab’s allegations, the statement from the U.S. attorney's office says unnamed “high-ranking government officials in Iran and Turkey participated in and protected this scheme,” with some of them accepting bribes worth tens of millions of dollars to promote the conspiracy, protect conspirators and conceal the scheme from regulatory scrutiny.