Russia Searches 24 Banks on Turkish Crime Allegations, HDN Says

  • Searches reported by Hurriyet Daily News, citing people
  • Turkish bank executive confirms Russia requested documents

Officials from Russia’s Federal Security Service demanded documentation from 24 banks on Thursday in an investigation into suspected money laundering by a Turkish businessman, Turkey’s Hurriyet Daily News reported on Friday, citing people it didn’t identify.

Evidence on the individual’s transactions was sought from four Turkish and 20 Russian banks, it said, adding that nothing illegal was identified during the course of the search. A Turkish bank executive, speaking on condition of anonymity, confirmed that Russian authorities had requested documents, without providing additional information. Kremlin spokesman Dmitry Peskov declined to comment on the report during a conference call with journalists.

Tensions between the two countries have soared since Turkey shot down a Russian aircraft it said had crossed into Turkish airspace from Syria on Nov. 24. In retaliation, Russia has imposed sanctions on imports of some Turkish goods and made travel to Turkey more difficult, although no financial sanctions are in place. Six Turkish banks have licenses to operate in Russia, according to the Russian central bank website.

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