Ex-fin min dragged into Halkbank probe

By Michael Turner
07 Sep 2017

US prosecutors have widened the net in their case against Turkey’s Halkbank after bringing new charges against the country’s former economy minister and the bank's former general manager for breaking Iranian sanctions, sending Halkbank assets lower but not hitting the rest of the country’s banking sector.

EM2, turkey
Zafer Caglayan (c), in 2013 while serving as finance minister, applauds Turkish president Recep Tayyip Erdogan (l)
Former Turkish economy minister Zafer Caglayan and former Halkbank general manager Suleyman Aslan, as ...

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