Iranian Affairs | Page 44 | World Defense

Iranian Affairs

Khafee

Administrator
Staff member
Joined
Nov 17, 2017
Messages
6,752
Reactions
5,910 263
Turkish state bank funneled billions to Iran, U.S. charges say
OCT. 16, 2019
Turkish-state-bank-funneled-billions-to-Iran-US-charges-say - Copy - Copy.jpg

The charges say Halkbank was involved in a multi-layered scheme to cover up transactions that violate U.S. sanctions against Iran. File Photo by Sedat Suna/EPA-EFE

Oct. 16 (UPI) -- Federal prosecutors have charged a Turkish state-run bank with funneling billions of dollars to Iran, a violation of U.S. sanctions.

The Justice Department said Tuesday Halkbank has been indicted on six charges, including conspiracy, bank fraud and money laundering.
Prosecutors said the bank conspired to undermine U.S. sanctions against Tehran by illegally giving Iran access to billions while "deceiving U.S. regulators."

"This is one of the most serious Iran sanctions violations we have seen, and no business should profit from evading our laws or risking our national security," Assistant Attorney General for National Security John Demers said in a statement.

The department said the scheme also involved Turkish government officials so the bank could use money service businesses and front companies in Iran and the United Arab Emirates to cover up proceeds from the sales of Iranian oil and gas.

In some cases, the charges say, transactions were fraudulently designed to appear as food and medicine purchases -- so they'd be allowed under a "humanitarian exception" in the sanctions.

Halkbank illegally transferred $20 billion worth of restricted Iranian funds, prosecutors said.

"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," U.S. Attorney Geoffrey Berman said. "Halkbank will now have to answer for its conduct in an American court."

The indictment stems from the arrest of a Turkish banker in 2016 for evading U.S. sanctions. The banker agreed to a deal with prosecutors to cooperate with investigators. Turkish President Recep Tayyip Erdogan subsequently asked both the Obama and Trump administrations, unsuccessfully, to drop the case.
 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran unveiling fully domestically made pilot training jet plane Yasin


Iran construction processes and Flight test Yasin Training Jet
 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran Atomic Energy Organization AEOI 4th reduction of commitments under JCPOA (Iran nuclear deal ) new Generation of Uranium enrichment centrifuge with power 72 Separative work units (SWU) in next few days

 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran Atomic Energy Organization chief (AEOI) Ali Akbar Salehi. starts injecting gas into 30- IR-6 centrifuges cascade in Natanz Nuclear Facility, as step of reducing JCPOA commitment

 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran Atomic Energy Organization chief (AEOI) Ali Akbar Salehi. unveiling IR-9 nuclear uranium enrichment centrifuge with power of 50 SWU \ IR-7 centrifuge

 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran Army Navy cheif Rear Admiral Hossein Khanzadi said that we have mass produced of submarine-missiles. A year ago, Iran launched its first submarine-missile and now we are manufacturing it in large numbers,” Commander of Iranian Army Navy Rear Admiral Hossein Khanzadi said on Sunday. "Today, we have achieved the technology to launch missiles from the depth of sea and the equipment that comes with it, including the missile, and its capsule, the submarine and its workforce are totally Iranian," Khanzadi added. en.mehrnews.com/news/151891/ Nasr naval cruise missile, Jask 2 project. SLCM,

 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran Army ground force, Kian 500, Kian 600, Kian 700 truck for Tank and armored vehicle transporters
Iran's top commander lauds indigenous defense industry, unveils ‘Kian 700’ tank transporter

 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran Mine Action training center (IRMAC) \ Islamic Republic of Iran Mine Action Center
http://www.irmac.ir/en

Iran opens 1st int'l humanitarian minesweeping training center

 

yavar

MEMBER
Joined
Jan 16, 2019
Messages
152
Reactions
76
Country
Iran
Location
Iran
Iran the eight remembrance of Martyr IRGC aerospace chief Gen. Haj Haasan Tehrani Moghadam, Qaem solid fuel propellant ( missile, SLV )

 

Scorpion

THINK TANK
Joined
Nov 27, 2014
Messages
3,235
Reactions
2,463 31
Country
Saudi Arabia
Location
Saudi Arabia
@yavar have you heard of the protesting in Iran?
 

Top