Openings statements set in trial of Turkish bank executive

Turkish-Iranian businessman to testify at US trial

The trial of a Turkish banker charged with helping Iran evade economic sanctions is set to begin Tuesday after a jury was selected in NY.

Zarrab was arrested by USA authorities in March 2016 while Atilla, the deputy chief executive of Turkey's state-owned Halkbank, was taken into custody in March 2017. Turkish Deputy Prime Minister Bekir Bozdag said on November 27 that the case against Turkish-Iranian businessman Reza Zarrab and banker Mehmet Hakan Atilla had "no legal basis" and should be "dropped or terminated".

The government in Turkey, where Zarrab is well-known, has depicted the trial as a conspiracy. The development deepened the mystery surrounding the case and renewed speculation that Zarrab has cut a deal with prosecutors to testify rather than go on trial.

James Margolin, a spokesman for USA prosecutors in Manhattan, declined to comment on whether Zarrab was cooperating with the authorities.

Prosecutors said in a court filing four weeks ago that Zarrab once told another defendant he had spoken with Erdogan directly about the alleged scheme.

Turkish President Tayyip Erdogan's government has said the case has been fabricated for political motives.

Zarrab, 33, was a no-show again on Monday, with U.S. District Judge Richard Berman telling prospective jurors that Atilla is "the only defendant in this trial".

Attilla has pleaded not guilty to charges alleging he violated US sanctions against Iran by processing hundreds of millions of dollars' worth of financial transactions for Iranian businesses or Iran's government through American banks. Authorities say those transactions are banned by US and global sanctions. Caglayan has denied the charges. He was released from a US jail earlier this month but is said to remain in USA custody.

The case is U.S. v Zarrab, 15-cr-867, U.S. District Court, Southern District of New York (Manhattan).

Related News:

Most liked

Mase Claims to Have Won Recent Rap Battle Against Cam'ron
Nearly as soon as Cam got word of the track, he hopped on social media with a message for his former friend. Then, Cam replied: "yea this was fun. u still my bro too".

PM Modi to inaugurate Hyderabad Metro today
The minimum metro rail charge is fixed as Rs 10 and the maximum charge was fixed as Rs 60 of more than 26kilometres. Prime Minister Narendra Modi will launch the much-awaited Hyderabad Metro today at 2.15 pm at the Miyapur station.

Indian authorities jail donkeys for eating expensive plants
After getting agitated over repetitive grazing by donkeys, the jail superintendent chose to lock them up. The plants reportedly cost jail authorities several lakh rupees.

Man falls asleep in dumpster, gets stuck in garbage truck for hours
Media reports said they had use ladders to get into the vehicle so they could remove bags of rubbish to reach the man. But a roll call revealed no escapees, Pennsylvania Department of Corrections spokeswoman Susan McNaughton told NBC .

Can extend Aadhaar linking deadline to Mar 31: Centre to SC
The bench indicated that once that hearing gets over, the constitution bench would hear the batch of petitions on Aadhaar. A Constitution bench is at the moment hearing a batch of appeals pertaining to Delhi vs the Lt governor.

Benefits in moderate coffee drinking
The greatest benefit was seen for liver conditions, such as cirrhosis of the liver. Women at risk of fractures should also steer clear, the paper suggests.

Chombo, Chipanga ruling choreographed
His lawyer, Lovemore Madhuku, told reporters that he would appeal the magistrate's ruling in the High Court on Tuesday. Zimbabwe is struggling with a severe shortage of the US dollars it uses instead of its own currency.

Stock Traders Purchase High Volume of Roku Put Options (ROKU)
TRADEMARK VIOLATION WARNING: This piece of content was reported by StockNewsTimes and is the property of of StockNewsTimes. The company had revenue of $124.80 million during the quarter, compared to the consensus estimate of $110.47 million.

Vietnamese security firm cracks iPhone X FaceID, again
The company apparently shared a video clip showing an iPhone X getting unlocked by a $200 3D printed mask made of stone powder. In the meantime, Face ID can still be fooled by twins or a complicated facial replication process.

Thanksgiving holidays deadly on state roads
Of the 10 drug arrests statewide, half of them were in the Troop F district, headquartered in New Albany. The MHP says a 2003 Ford passenger van driven by Doris Greer, 47, of Greenwood, was westbound on USA 82.

Square Enix Has Not Given Up on the Deus Ex Franchise
The latest entry in the series, Deus Ex: Mankind Divided , was a disappointment financially and to fans of the franchise. This lines up with previous statements, but it also illustrates that we won't be seeing the next Deus Ex for many years.

Hosking Partners LLP Purchases 17662 Shares of Comcast Corporation (CMCSA)
Patriot Financial Group Insurance Agency LLC increased its holdings in shares of Comcast by 100.0% during the first quarter. The stock of Comcast Corporation (NASDAQ: CMCSA ) earned "Buy" rating by Pivotal Research on Tuesday, September 27.

Antonio Conte pleased with Eden Hazard in striker role for Chelsea
We don't have many breaks in the season, so I try in training to have more of a rest and then in games I give everything. Hazard is the most fouled player in the Premier League since 2014 and is often at the end of cynical tackles.

Mercedes-Benz CLS teased ahead of LA reveal
On Wednesday, Mercedes-Benz will finally take the wraps off the third-generation CLS at the 2017 Los Angeles motor show . The new E Class sold 28,492 cars in the first 10 months of this year and is expected to exceed 30,000 in annual sales.

Google releases update to Android Oreo
When it's enabled, the co-processor should help apps using Android Camera API capture HDR+ shots in a much better detail. According to the company, Pixel Visual Core has eight image processing unit (IPU) cores and 512 arithmetic logic units.