Turkish Bank CEO Indicted Over Scam That Targeted Football Stars
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The chief executive officer of UAE lender Emirates NBD PJSC’s Turkey unit Denizbank AS has been indicted for his alleged role in a ponzi scheme that targeted famous footballers.
The Istanbul chief prosecutor’s office is seeking prison sentences of up to 240 years of prison each for Hakan Ates and his former deputy Mehmet Aydogdu on charges of aggravated fraud, according to a copy of the indictment seen by Bloomberg and reported by state-run Anadolu Agency late on Tuesday.