Turkey's Halkbank could suffer from ex-banker's US conviction
Federal prosecutors suggest Turkish bankers helped Iran launder billions of dollars to evade US financial sanctions.
bloomberg
04.01.2018
The conviction of a Turkish banker in New York on Wednesday could spell trouble for Turkiye Halk Bankasi, the state-run lender implicated in a money-laundering and sanctions-evasion scheme that formed the basis of the prosecution.
The guilty verdict rendered by the Manhattan jury applies only to Mehmet Hakan Atilla, who headed international banking at Halkbank.