ANKARA: Turkey on Thursday slammed a US jury’s decision to convict a Turkish banker for helping Iran evade sanctions as “unjust and unfortunate” and cast the trial as unprecedented interference in Ankara’s internal affairs.
The decision, which capped a nearly four-week trial that had already strained diplomatic relations between Turkey and the United States, is only likely to add to the tension between the NATO allies.
Mehmet Hakan Atilla, an executive at Turkey’s majority state-owned Halkbank, was convicted on five of six counts he faced, including bank fraud and conspiracy to violate US sanctions law, in Manhattan federal court on Wednesday.
“It is an unjust and unfortunate development that Halkbank Deputy General Manager Mehmet Hakan Atilla was found guilty,” Turkey’s foreign ministry said in a statement.
“The US court, in a process carried out by relying on so-called ‘evidence’, which is fake and open to political exploitation... made an unprecedented interference in Turkey’s internal affairs.”
President Tayyip Erdogan, who has yet to comment on the decision, has previously dismissed the case as a politically motivated attack on his government.
In a statement, Halkbank said Atilla had the right to appeal against the decision and said it had not been a party to the US case and noted there had been no financial or administrative decision taken against it by the court.
The defense team of Atilla, who was arrested in the US last March while on a business trip, failed to obtain a mistrial on grounds that a report was introduced late in the trial and it was not included in the list of evidence material at the start of the trial, Turkish daily Hurriyet reported.
Halkbank has denied any wrongdoing and said that its transactions were in line with local and international regulations.
Shares of Halkbank were up 2 percent at 11.14 lira in Istanbul, after earlier advancing as much as 4 percent.
Turkey says US conviction of banker ‘unjust and unfortunate’
Turkey says US conviction of banker ‘unjust and unfortunate’
Iraq says no sign gas supplies from Iran to resume soon
- Iranian gas supplies were halted due to a drop in temperature and Tehran’s need for gas, the spokesperson said
- Iraq reported the halt in Iranian gas supply in December
BAGHDAD: Iraq’s electricity ministry said on Saturday there were no signs that Iranian gas supplies would resume to the country soon.
Iranian gas supplies were halted due to a drop in temperature and Tehran’s need for gas, the Iraqi ministry’s spokesperson said in remarks to the press, citing a Telegram message from Iran.
Iraq reported the halt in Iranian gas supply in December, owing to the shutdown of some generating units and load shedding at others.
The electricity ministry said 4,000 to 4,500 megawatts of power had been lost from the electrical system as a result.
Tehran supplies between a third and 40 percent of Iraq’s gas and power needs.
Iraq’s power demand during winter peak hours reaches about 48,000 MW, while domestic generation stands at roughly 27,000 MW, forcing the country to rely on imports to bridge the gap, electricity officials have said previously.
