Economics

Turkish Banker Guilty in U.S. of Iran-Sanctions Conspiracy

  • Mehmet Atilla found guilty by federal jury in New York
  • Trial sparked angry protests from Erdogan, Turkish officials
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A Turkish banker was convicted of helping Iran evade U.S. financial sanctions in a verdict likely to further strain relations between Turkey and the U.S.

Mehmet Hakan Atilla, who headed international banking at state-owned Turkiye Halk Bankasi AS, was found guilty of conspiracy and bank fraud on Wednesday after a monthlong trial. After spending almost a year in a federal lockup in New York, he now faces many more years behind bars as many of the counts he was convicted of carry potentially lengthy prison terms. Atilla is scheduled to be sentenced April 11.