unaoil

The Ahsanis, who are British citizens, conspired with others, including multiple companies and individuals, to bribe government officials in Algeria, Angola, Azerbaijan, the Democratic Republic of Congo, Iran, Iraq, Kazakhstan, Libya and Syria from around 1999 to 2016, The U.S. Department of Justice said on October 30 2019 that Cyrus Ahsani, 51, and his 46-year-old brother Saman each pleaded guilty in March to one count of conspiracy to violate the Foreign Corrupt Practices Act (FCPA) on behalf of companies to secure oil and gas contracts. They will be sentenced on April 20, 2020.

Australia, Canada, France, Guernsey, Italy, Monaco, the Netherlands, Portugal, Switzerland and UK provided significant assistance

https://www.justice.gov/opa/pr/oil-executives-plead-guilty-roles-bribery-scheme-involving-foreign-officials

Lindsay Lohan platonic

30 October, 2019

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2017

According to dad Michael, while Lindsay does know MBS, their relationship is “platonic and respectful.” Lindsay Lohan is back stateside.

 
[August 5 2019 working in Australia ]
Now a rep for Lohan, 33, says she met MBS just once — around a year ago [2018] at a Formula One Grand Prix race.

Screenshot 2019-07-29 at 9.09.47 AM - Edited

Is MBS flying Lindsay Lohan around in his private jets, giving her plenty of presents, and even a gift-wrapped credit card.or do they just “know each other.”aka Mohammad bin Salman bin Abdulaziz bin Abdul Rahman bin Faisal bin Turki bin Abdullah bin Mohammed bin Saud

Osher Günsberg says Lindsay Lohan has been a professional on Australian TV set.

[July 15 2019]
Screenshot 2019-07-15 at 10.15.21 PM - EditedLindsay Lohan will join the judges’ panel on the Australian edition of “The Masked Singer.” She most recently appeared on the MTV reality series “Lindsay Lohan’s Beach Club,”a rep for Lindsay announced she cancelled the show after its inaugural season.

When it comes to TV, it’s all about the ratings, so there’s no surprise MTV decided to give Lohan the ax. Sheiresa Ngo

[April 14 2016 stars in ‘The Shadow Within’ ]

shadow20w_zps1ciqdenv

Lindsay Lohan, center, ‘The Shadow Within’

Shown at  Berlinale, the annual festival from 11-21 February, Archstone handles worldwide sales on the Lindsay Lohan horror-thriller The Shadow Within. Tiago Mesquita directed from Mark Morgan’s screenplay about a private investigator forced to reveal her werewolf alter-ego when faced with evil-doers. Filming took place in Belgium, and in addition to Lohan the cast includes Charlotte Beckett and Gianni Capaldi.

In a world where supernatural creatures roam amongst us, KRISTY WOLFE, a tough private investigator, tries desperately to keep her secret hidden. She has descended from a long line of werewolves. When her uncle is brutally murdered, Wolfe must use her natural instinct and risk her secret to unravel the mystery before she becomes the next victim.

It has a certain ring to it. Egor and Lindsay? Egor Tarabasov, 22, , seven years Lohan’s junior, wealthy Russian rich kids in London are often strictly forbidden by their family from drawing attention to themselves on pain of losing their allowance (the ultimate threat).
Tarabasov’s father is said to be less than thrilled with his son’s new love and the light it is shining on the family. He’s a trust-fund kid with a day job as a real estate agent. He has a generous allowance, but doesn’t have his own money yet,” . “His father is a wealthy man who owns a construction firm and a couple of stores similar to Home Depot in the Moscow region, but he is no oligarch.”

[September 29 2014 Lindsay Lohan opens in London in Speed-The-Plough ]

Lindsay Lohan, 28,  was said to have fluffed her lines on her opening night but by her third the Mean Girls actress had been word-perfect, in performance in Speed-The-Plough at  the Playhouse Theatre in London September 26.

Lindsay Lohan, 28, was said to have fluffed her lines on her opening night but by her third the Mean Girls actress had been word-perfect, in performance in Speed-The-Plough at the Playhouse Theatre in London September 26.

[November 13 2009 Heath Ledger Lindsay Lohan]

Heath Ledger Nov. 22, 2007

Lindsay lohan January 19, 2008

Lindsay[ 2007] , who was rumored to have been dating Heath Ledger in Lindsay Lohan ditched snowboarder lover Riley Giles after hooking up with single Oscar-nominated star Heath Ledger, according to reports.

The actress split with Giles–who she met in rehab–last week, supposedly so the actress could concentrate on her career.

But Australian magazine NW claims she dumped Giles after meeting Ledger in a New York club over Thanksgiving. [Lindsay Lohan went home for Thanksgiving November 22, 2007… or out for dinner with them in NY]

The magazine reports, “Lindsay and Heath hit it off straight away. When she left the club she started texting him straight away and they hooked up a few times while she was still in New York. They were meeting late at night for sex. It was purely physical.”

Ledger has been single since splitting from fiancée Michelle Williams in September.

Lindsay Lohan’s Thanksgiving Holiday

Lindsay Lohan leaves her Long Island home and spends time in New York City with her family over the Thanksgiving holiday.

Lindsay, 21, dined at at Nick Deangelo’s in Merrick, Long Island, accompanied by mom Dina, little brother Cody and snowboarder boyfriend Riley Giles.

“Lindsay is home [for the holidays],” Dina told Life & Style recently. “And my son Michael is home from college. We all have so much to be thankful for!”

Saturdays are meant for shopping, and that’s exactly where shopaholic Lindsay Lohan could be found yesterday afternoon (January 19). 08

Screenshot 2019-10-29 at 10.08.35 AM - Edited

Before Meng was formally arrested on 1 December, she was questioned for nearly three hours by Canadian border agents. She was also asked to surrender her electronic devices, which border agents searched.

By leading her to believe her detention and questioning were immigration-related – and not the result of a US arrest warrant – police in effect violated her rights under Canada’s charter, her legal team said in court filings.

[July 15 2010 Huawei’s 5G equipment in play ]

OTTAWA (Reuters) – Canada is likely to postpone a decision on whether to allow China’s Huawei Technologies Co Ltd to supply 5G network equipment until after the October federal election. The question of whether Huawei’s 5G equipment could contain backdoors allowing access to spies is dividing Canada and its partners in the Five Eyes intelligence-sharing network. The United States, Australia and New Zealand have bans in place while Britain is taking a less firm line, indicating Huawei’s 5G products could be used in less sensitive areas.

Canada is watching what Britain does very closely, Ottawa could take a similar decision. Huawei has repeatedly insisted Beijing has no influence over it.

[June 26 2019 Canada should drop extradition proceedings? ]

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Canada should drop extradition proceedings argued a statement signed by the four legal heavyweights preparing Meng’s defence in the lead-up to her B.C. Supreme Court extradition hearing, which is expected to begin next January. Their argument speaks to the principle of “double criminality” at the heart of extradition law: that a crime in the country seeking extradition should also be considered a crime in Canada.
Besides — Meng’s legal team says the lies she is accused of making allegedly took place in Hong Kong in the presence of non-Canadian bankers. The Department of Justice said “Canada is a country that respects the rule of law”

[June 7 2019 extradition hearing January 20 2020 ]
British Columbia’s Supreme Court on June 6 3019 accepted a proposal by Meng Wanzhou’s defense team to start her hearing January 20, more than a year after she was taken into custody at Vancouver’s airport.

Defense lawyer David Martin said the schedule could allow the case to wrap up within two years, which he says would be a “record” for such a complicated case.

[May 5 2019 extradition process could take years ]

Meng Wanzhou, who is under house arrest at her Vancouver mansion, next appears in court on May 8 ahead of an extradition hearing, in a process that could take years. Canada says the United States is obliged to help, given that the U.S. arrest warrant triggered the crisis with Beijing. U.S. negotiators have rejected Chinese proposals to include the Huawei issue in their current trade deal discussions. Trump has previously suggested the charges against her could be dropped if that would help the trade talks. Officials in Ottawa have not forgotten that the president blew up last year’s Group of Seven summit in Canada by describing Trudeau as very dishonest and weak.

[April 16   Meng extradition ‘is a serious political incident’ -China   ]

The foreign ministry in Beijing and the Chinese embassy in Ottawa both issued strongly worded statements after Canada’s announcement on April 12 2019 .
“China strongly opposes Canada’s insistence to proceed with the so-called extradition of Ms Meng Wanzhou, and it has made a solemn representation,” the ministry said in a statement released on April 13 2019.
“It is a serious political incident. We again urge the US to rescind its request for the extradition of Ms Meng and call for Canada to release her immediately.”

Meng faces 13 charges of bank and wire fraud, violating US sanctions against Iran, and obstructing justice. When arrested she was carrying a iPhone 7 Plus, a MacBook Air, and an iPad Pro,

[March 22 2019 RCMP must show what was found on Sabrina Meng Wanzhou ]

The RCMP to provide copies of the content on seven electronic devices, an iPhone, an iPad, a Macbook Air, a Huawei phone, two SIM cards and a flash drive, on Meng Wanzhou when she was arrested at Vancouver’s airport. Within three days a representative of the Mounties must provide the electronics to the force’s technical crime unit so content can be extracted onto devices provided by Meng. Justice Heather Holmes of the British Columbia Supreme Court

[March 4 2019 sues about her arrest ]
Screenshot 2019-03-04 at 8.40.14 AM - Edited

Extradition could be a long process, and Meng’s lawsuits could draw it out further.

[March 1 2019 Sabrina Meng Wanzhou’s extradition to proceed March 6 2019 ]
https://www.bbc.com/news/world-us-canada-47046264

An extradition hearing against a Huawei Technologies Co Ltd executive can proceed, a court in the Pacific province of British Columbia to start a formal extradition hearing. “The United States is a country with which we share a legal culture” and which Canada trusts, said Joanna Harrington, a law professor at the University of Alberta in Edmonton, an international human rights law specialist.

Screenshot 2019-03-01 at 9.21.22 AM - Edited.png

What came up after author posted the above

[   January 30 2019   ]

The judge moved the start of her extradition hearing to March 6, a month later than previously scheduled, in order to allow the defense time to review the evidence.

https://www.justice.gov/opa/press-release/file/1125021/download

https://www.justice.gov/opa/pr/chinese-telecommunications-device-manufacturer-and-its-us-affiliate-indicted-theft-trade

A spokesman for Canada’s justice department confirmed receipt of the extradition request. A copy of the request wasn’t immediately available.

United States will proceed with the formal extradition from Canada of Huawei executive Meng Wanzhou, David MacNaughton, Canada’s ambassador to the United States said.

[December 13 2018 , arrested as she travelled to Mexico ]
December 20 2018: Chinese Foreign Ministry spokeswoman Hua Chunying identified the third Canadian as Sarah McIver, who was serving “administrative punishment” due to “illegal employment”.

Michael Spavor is a businessman based in Dandong, near the Chinese border with North Korea. He has ties to the North Korean government and has met its leader Kim Jong-un many times. Canadian foreign ministry spokesman Guillaume Bérubé confirmed that Mr Spavor had contacted them earlier in the week because “he was being asked questions by Chinese authorities”.

https://abcnews.go.com/Politics/doj-tool-trade-chinese-exec-case-official-vows/story?id=59775531

“If I think it’s good for the country, if I think it’s good for what will be certainly the largest trade deal ever made – which is a very important thing – what’s good for national security – I would certainly intervene if I thought it was necessary,” Trump

The US has until January 8, 60 days from the arrest date to turn over its full extradition case with supporting evidence.

A British Columbia justice granted bail of $10 million Canadian (US$7.5 million) to Meng, but required her to wear an ankle bracelet, surrender her passports, stay in Vancouver and its suburbs and confine herself to one of her two Vancouver homes from 11 p.m. to 6 a.m.

Former Canadian diplomat Michael Kovrig was detained. Kovrig works for the International Crisis Group, an independent conflict resolution think-tank. Saying he was “deeply concerned,” Public Safety Minister Ralph Goodale confirmed that Canada was aware a Canadian citizen was detained in China.

Screenshot 2018-12-08 at 8.30.45 AM - Edited

Shi Yinhong, director of Renmin University’s Centre for American Studies and an adviser to the State Council, said that the Meng incident put China in a bind between the need to show it can protect its business people abroad without spooking other advanced industrial nations with a strong response against Canada.

The Global Times’ editor-in-chief, Hu Xijin,

“It is also one of China’s core interests to improve China’s relations with the U.S. and the West, and not to lead Sino-U.S. relations to the direction of a Cold War,” Hu said, at one point holding up his iPhone.

Meng Wanzhou, Huawei’s chief financial officer, John Gibb-Carsley, the lawyer representing Canada’s attorney general told a Vancouver bail hearing ,refused to visit the US, where her son attends school, which was evidence of a sustained effort to evade a criminal investigation.

Meng was arrested on December 5 as she travelled to Mexico.

[December 7 CFO of Huawei arrested while changing planes   ]

Screenshot 2018-12-05 at 8.41.07 PM - Edited.png

Sabrina Meng Wanzhou, chief financial officer of China’s Huawei Technologies, 46, faces “unspecified charges in the Eastern District of New York” and was arrested when she was transferring flights in Canada.
In April, the U.S. Department of Justice opened an investigation into whether Huawei, which manufactures smartphones and other electronics, sold equipment to Iran despite sanctions on exporting to the region.  The Trump administration urged America’s allies to stop using Huawei telecommunications equipment because the Chinese company poses a security threat,    Last month New Zealand blocked Huawei from rolling out 5G mobile coverage over national security fears, following scrutiny of the firm by the UK, Japan and others.   CFO Sabrina Meng Wanzhou allegedly told employees in an earlier internal talk on compliance that there are scenarios where the company can weigh the costs and accept the risks of temporary non-compliance.

[December 3   Rise of China’s technology: 5G fearmongering?   ]

china 5g

5G development has become a bogeyman for the Trump administration .

If “big data” is the new oil of the digital era, then 5G is the next set of pipes that will deliver it – and unlike previous generations, China is determined to own more of this infrastructure, giving it mastery of its own industrial future. This not only sets it up a competitive technology clash, it also raises a number of national security issues for Western governments concerned about the integrity of 5G networks.
Phones, tablets, computers – devices such as home appliances, cars, dog collars, and many more are getting connected via the Internet of Things. 5G, which stands for “fifth generation,” is an upcoming standard for mobile telecommunications service. 5G technology will utilize a higher-frequency band of the wireless spectrum called millimeter wave that allows data to be transferred much more rapidly than the lower-frequency band dedicated to 4G. The downside is that millimeter wave signals don’t travel as far: The new 5G networks will require many more (albeit smaller) antennas spaced closer together than previous wireless generations. 5G home broadband, is essentially broadband without the cable. Of course, 5G is also much faster.

“Basically, power, money and politics is going east,” Younger said. “That’s a new political reality we need to adjust to.”

He said 5G reliance on Chinese technology was something Britain needed to discuss, though a bigger issue was the likely Chinese future dominance of emerging technologies.

Younger said he had been struck by President Xi Jinping’s “made in China” ambitions and that Beijing could within decades dominate all of the key emerging technologies, particularly artificial intelligence, synthetic biology and genetics.

“This is something we really need to think about,” Younger said. “The future of knowledge is in play.” The head the Secret Intelligence Service, or MI6, Alex Younger.
Huawei dismisses American fears about its intentions as nationalistic fearmongering. It says it has no more connection to the Chinese government than Apple or Google and that installing backdoors for spies in its network hardware or software would be tantamount to market suicide.

[ July 29 2011  China Oil corruption: Zhou Yongkang, the backer of Bo Xilai, now ensnarled   ]

China’s ruling Communist Party has put former security chief Zhou Yongkang — one of its most powerful men — under investigation.
Zhou had been a patron of Bo Xilai, who he is said to have backed for a slot on the PSC. Bo was jailed for life in September 2013 for corruption and abuse of power. Bo’s fall from grace, and that of his convicted murderer wife Gu Kailai, was China’s most dramatic political scandal since the trial of the Gang of Four after the Cultural Revolution. It was inevitable the Bo investigation would soon ensnarl Zhou too.

Zhou, 71, was born in the eastern industrial city of Wuxi in 1942, the son of a senior Communist defence procurement bureaucrat. Three years after entering Suzhou Middle School in 1958, he enrolled in the Beijing Petroleum Institute, now called the China University of Petroleum. He got his start in the 1970s as a technician for the Liaohe Oil Exploration Bureau in the northeastern province of Liaoning, home to China’s third-largest oil field.

In ordering the investigation of Mr. Zhou, Xi has broken with an unwritten understanding that members of the Standing Committee will not be investigated after retirement.
Two of Zhou’s former secretaries – Yu Gang and Ji Wenlin – and one of his former security guards, Tan Hong, faced charges over accepting bribes. Xinjiang’s former No 2 party official, Yang Gang, faced similar charges.
Mr. Zhou’s son, a sister-in-law and his son’s mother-in-law held assets worth some $1 billion, much of it in the oil and gas sector that was Mr. Zhou’s political fiefdom.
3/31/2014 China has seized at least $14.5 billion of assets from family and associates of the country’s former security chief Zhou Yongkang in the biggest corruption scandal since the Communist Party came to power in 1949
More than 300 of Zhou’s relatives, political allies and staff have been taken into custody or questioned.
The amount of money involved vastly exceeds the $2.7 billion of assets said in 2012 to be controlled by the family of former Chinese Premier Wen Jiaobao.
If the reported $14.5 billion of assets were ultimately owned by Zhou and excluded debt, his fortune would rank at No. 69 on Forbes magazine’s latest tally of the world’s billionaires.
7
1 September 2013 Jiang Jiemin is also the subject of a corruption investigation. Until March Mr Jiang was head of the China National Petroleum Corporation (CNPC), which has faced a number of corruption allegations. Another four CNPC executives were under investigation for corruption.

Historian Zhang Lifan said the investigation into Zhou showed factional struggles within the party were intensifying.

“We need to watch whether the struggle stops with Zhou. Xi might have won the ultimate victory, and it could stop there,” Zhang said. “After all, such a struggle is hurting the party, too, because it reveals to the public so many ugly things.”

[October 4 2011 Financial contagion from Chinese export dip

Yuan contagion

Yuan contagion

Now Beijing is expanding the use of the RMB in other financial centers, to allow for foreign holdings of the currency to be used for direct investment in China. According to Arvin Subramanian of the Financial Times, “the process is micro-managed, interventionist, and enclave-based – not a day seems to pass without some foreign entity, or country being granted greater but selective access to the renminbi.” Last week, the Financial Times reported that “China is for the first time to give formal backing to moves by British banks to turn the City of London into an offshore trading center for the renminbi.” Furthermore, the Economist reports that “in Singapore, banks now offer yuan deposits and bond funds. Its central bank is one of a dozen that have agreements with the Peoples Bank of China to swap their currencies for yuan.” here

As Premier Wen Jiabao famously put it back in 2007, the country’s growth is “unstable, unbalanced, uncoordinated and unsustainable.” In such a crisis, China’s economic weight would become a liability. The IMF estimates that the impact of Chinese demand on the world’s largest economies has more than doubled over the past decade. A deteriorating outlook for Chinese imports could send commodity prices plummeting, precipitating heavy losses for investors and risking financial contagion. more

With a wire-to-wire victory at the inaugural ZOZO Championship, Woods notched career win No. 82 to tie Sam Snead for the most in PGA TOUR history.

Woods pocketed $1.75 million

Sports Illustrated Fashionable 50 - Arrivals

Sports Illustrated Fashionable 50 – Arrivals

20004940-7597737-jordan_cameron_and_elin_nordegren_were_seen_out_with_their_new_b-m-147_1571691232168

jordan_cameron_and_elin_nordegren’s baby

[Ocrober 26 2019 PGA season early lead ]

Woods tops the leaderboard at 12 under par, leading American’s Gary Woodland (-10) and Keegan Bradley (-8). Japan’s Hideki Matsuyama is tied with Bradley for third place. Rory McIlroy — the No. 2 golfer in the world — is tied for 21st at 3-under par. World No. 1 Brooks Koepka is not playing in the tournament.

[August 9 2019    Northern Trust, “a mild oblique strain.”    ]

Tiger Woods withdrew from The Northern Trust before his second-round tee time (12:33 p.m. ET) on August 9 2019 with “a mild oblique strain.”  Woods shot a first-round, 4-over 75.

[July 19 2019   British Open: Tiger Woods, Phil Mickelson miss cut   ]

British Open: Tiger Woods, Phil Mickelson will miss same major cut for first time ever

Lindsey Vonn and P.K. Subban were two of the best dressed at the 2019 ESPYs. The hockey player took a risk with wide-leg pants while the skier showed off her incredible legs with a waist-grazing slit.

tiger-woods-open-golf-1st-day42026_001

https://wp.me/pEe9-2l

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https://wp.me/pEe9-170

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Malaysia’s finance minister said the government would be ready to discuss dropping the charges against Goldman if it agreed to pay $7.5 billion in reparations. Goldman has not commented on any figure but said last year it had set aside $1.8 billion to cover potential losses related to 1MDB legal proceedings.

Malaysian Prime Minister Mahathir Mohamad was keen to reach a deal with Goldman this year itself as the government grapples with a high debt burden.

[September 19 2019]
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tem-deepakandlawyer

It is the 10th day of the 1MDB trial in Malaysia (Sept 19). the DoJ has not yet brought criminal charges againstGoldman Sachs.
[August 9 2019]
Malaysia filed criminal charges against 17 current and former directors of Goldman Sachs Group Inc. in a case linked to 1MDB.
Those charged include Goldman Sachs Group Vice-Chairman Richard J. Gnodde, who served as co-chief executive officer at Goldman Sachs International, and Brian Griffiths, once an adviser to former U.K. Prime Minister Margaret Thatcher. John Michael Evans, who retired from the U.S. bank to become president of Alibaba Group Holding Ltd., was also charged.
Other Goldman directors charged include Michael Sydney Sherwood, Robin Antony Vince and Claes Ake Gustaf Dahlback from Goldman Sachs International; and Goh Boon Leng and Liow Chang Lee from Goldman Sachs (Singapore) Pte.
Ten Goldman Sachs (Asia) LLC officials were also charged, including Dimitrios Kavvathas, John Michael Evans, Amol Sagun Naik, Keith Leslie Hayes, Richard Mark Campbell-Breeden, Ronald Suk Bae Lee, Archie William Parnell, Frederick Towfigh, Matthew Thayer Freemont-Smith and Oliver Robert Morgan Bolitho. The charges say the Goldman Sachs units omitted material facts in the bond offerings, among them that Malaysian financier Low Taek Jho was the operator and key intermediary for 1MDB.    Three subsidiaries charged: Goldman Sachs International, Goldman Sachs (Asia) LLC and Goldman Sachs (Singapore) Pte.
https://wp.me/pEe9-12Y

attila

Mehmet Hakan Atilla, Reza Zarrab, accused

On October 21 2019, Turkey named a former Turkiye Bank Halkasi AS executive who was convicted in a U.S. trial over the sanctions scheme as the new chief executive of the Istanbul stock exchange. The executive, Mehmet Hakan Atilla, was released from U.S. custody earlier this summer. A U.S. prosecutor called Turkey’s Halkbank a “fugitive” after lawyers for the state-owned bank failed to appear in an American courtroom on charges that it evaded sanctions on Iran.Turkiye Bank Halkasi AS was charged last week with scheming to help Iran tap $20 billion in frozen overseas accounts.

[July 6 2019 Hormuz: focus on sanctions ]

https://www.arabianbusiness.com/energy/423383-strait-of-hormuz-the-mystery-of-the-disappearing-tankers

[May 16 2018 Turkish banker gets 32 months for helping Iran launder money ]

 
Mehmet Hakan Atilla, a Turkish banker at Turkey’s state-controlled Halkbank (HALKB.IS), was sentenced to 32 months in prison on Wednesday, May 16, after he was found guilty of taking part in a scheme to help Iran evade U.S. sanctions. Turkish-Iranian gold trader Reza Zarrab bribed Turkish officials, and said Turkish President Tayyip Erdogan personally signed off on parts of the scheme while serving as Turkey’s prime minister.

[January 5 Turkish executive Mehmet Hakan Atilla convicted of bank fraud and conspiracy to violate U.S. sanctions law ]

Mehmet Hakan Atilla, an executive at Turkey’s majority state-owned Halkbank (HALKB.IS), was convicted on five of six counts he faced, including bank fraud and conspiracy to violate U.S. sanctions law, in Manhattan federal court.

[December 3 2017 Erdogan approved, Turk tried for laundering millions of dollars for Iranians ]

December 3, 2017 The gist of a story: The then-PM Recep Tayyip Erdogan took Zarrib’s side and changed the story, claiming that Zarrib was a philanthropist and an asset for Turkey. In an early sign of the way Turkey’s president deals with opposition, all the officials involved in the investigation into the Iran scheme were relocated, dismissed, or even jailed. Then Erdogan blamed the whole thing on exiled opponent Fethullah Gulen, a favorite external enemy of the Turkish president.
When U.S. prosecutors arrested Zarrib, it strained bilateral relations between Washington and Ankara, and these have been getting increasingly strained.

Turkish authorities on December 1 issued an arrest warrant for former U.S. Central Intelligence Agency (CIA) officer Graham Fuller over suspected links to the abortive putsch.

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The warrant accuses Fuller, a former vice chairman of the CIA’s National

Intelligence Council, of “attempting to overthrow the government of the Republic of Turkey” and “obtaining state information that must be kept secret for political and military espionage purposes,” among other charges, according to Turkish media.

Experts, however, say Turkey is attempting to get back at the U.S. for bringing a Turkish citizen to court. The U.S. is currently trying a Turkish banker for allegedly helping Iran launder money and violate U.S. sanctions. This week, Reza Zarrab, a key witness in the case, implicated Turkish President Recep Tayyip Erdogan, claiming that he instructed Turkish banks to participate in the multimillion-dollar laundering scheme. [December 2]  A Turkish prosecutor yesterday ordered a seizure of the assets of gold trader Zarrab and at least 20 of his family members and contacts. Istanbul Deputy Chief Prosecutor Hasan Yilmaz cited “Zarrab’s espionage, revealing secret information for benefits of foreign states” as the reason for seizure assets.

[December 2 ]

attila 2 - Edited

On the third day of the trial of Mehmet Hakan Atilla, an executive at Turkey’s state-owned Halkbank, Reza Zarrab told jurors that he helped Iran use funds deposited at Halkbank to buy gold, which was smuggled to Dubai and sold for cash. On November 30, he said that he had to stop the gold trades and start moving money through fake food purchases instead in 2013, after U.S. sanctions changed.

Zarrab has said that Atilla helped design the gold transactions, along with Halkbank’s former general manager, Suleyman Aslan.
Zarrab said he had learned from Zafer Caglayan, who was Turkey’s economy minister, that Erdogan and then-treasury minister Ali Babacan had authorized two Turkish banks, Ziraat Bank and VakifBank, to move funds for Iran. Recep Tayyip Erdogan was then Turkey’s prime minister.

Both Ziraat and VakifBank denied taking part in the scheme.

[November 30 Zafer Caglayan named ]

Prosecutors allege Turkey’s former economy minister Zafer Caglayan was involved in the conspiracy. He denies the charges. In Turkey where a court issued warrants for the arrest of two men for providing fake evidence in the case. It identified the men as a former opposition politician and a banking auditor, both of whom were named on the witness list at the New York trial.

[ November 28 ]

attila

Mehmet Hakan Atilla, Reza Zarrab, accused

28 November 2017 A Turkish trader, Reza Zarrab, had been headed to trial with Turkish banker in Manhattan federal court until he suddenly stopped appearing at pretrial hearings. That’s prompted speculation he could testify against the banker.

The trial is of Halkbank Deputy CEO Mehmet Hakan Atilla, a top executive for a state-run bank in Turkey, accused of conspiring to help Iran evade economic sanctions.

Attilla has pleaded not guilty to charges alleging he violated U.S. sanctions against Iran by processing hundreds of millions of dollars’ worth of financial transactions for Iranian businesses or Iran’s government through American banks.
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.”
Acting U.S. Attorney Joon H. Kim, the top U.S. prosecutor in the case, has called Ankara’s conspiracy allegations “ridiculous.”

“It displays a fundamental misunderstanding of how our justice system works,” Kim said. “The defendants are charged with serious crimes. That’s why the case is being brought and that’s the only reason.”

U.S. District Judge Richard M. Berman, who is overseeing the case, said Turkey’s government should provide evidence if it thinks the defendants are being unfairly prosecuted, rather than hurling criticism at prosecutors.

[January 18 2016 Iranian-linked entities sanctioned for Missile rôle, Iranians violating American trade sanctions get clemency ]

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The U.S. Treasury Department sanctioned nearly a dozen Iranian-linked entities January 17 for their alleged role in Tehran’s ballistic-missile program.
Hossein Pournaghshband, Mabrooka Trading,
Chen Mingfu, Anhui Land Group Co.
Rahim Reza Farghadani, Candid General Trading
Sayyed Javad Musavi, Shahid Hemmat Industrial Group (SHIG)
Seyed Mirahmad Nooshin, Sayyed Medhi Farahi, Seyed Mohammad Hashemi
Mehrdada Akhlaghi, Shahid Bakeri Industrial Group
Read Treasury

Seven Iranians accused or convicted of violating American trade sanctions against Iran were granted clemency by President Obama as part of a prisoner release between the two long-estranged nations.
Nader Modanlo, Bahram Mechanic, Khosrow Afghahi, Tooraj Faridi, Arash Ghahreman, Nima Golestaneh and Ali Saboonchi. One was an aerospace expert convicted of helping Iran launch its first satellite into space. Another was a maritime engineer found guilty of providing navigation technology to the Iranians. And three men had ties to a company accused of illegally exporting millions of dollars in American technology with military applications to Iran.

[April 4 2011 Commerzbank AG, Frankfurt am Main, will pay U.S penalty, posted profit of 264 million euros]

Germany’s second-largest lender, via Commerz New York, will pay$ 1.45 billion t to defer prosecuting the lender for violating U.S. laws, including sanctions on doing business with Iran and Sudan, to government agencies including the Manhattan District Attorney’s office, the Federal Reserve and the Treasury Department. The Frankfurt-based bank conceded the allegations, which included aiding accounting fraud at Olympus Corp.
From at least 2002 to 2008, the bank used a series of measures, including stripping out information identifying sanctioned clients, to process transactions valued at more than $250 billion on behalf of Iranian and Sudanese entities, according to authorities.
The bank is expanding lending to German consumers and companies while winding down soured shipping and real estate loans. Blessing has also pledged to cut at least 5,200 staff as he seeks to reach profitability targets set for 2016. The company posted profit of 264 million euros in 2014, up from 81 million euros a year earlier.

[December 11 2011 Germany: We have been trying for 50 years not to lead]

Angela Merkel as the Greeks see her

Angela Merkel as the Greeks see her

Berlin’s dominance has shaken the Franco-German equilibrium at the heart of the post-World War II balance of power. Debt contagion and slumping growth have driven French borrowing costs to a euro-era record against Germany. The result may be a remade political map with even Poland, invaded by Adolf Hitler in 1939, calling for a stronger German role.
“We are an unwilling leader,” Wolfgang Ischinger, a former German ambassador to Britain and the U.S. and now chairman of the Munich Security Conference, said in an interview. “We have been trying for 50 years not to lead. Germany will have to grow up now. It’s new and there will be a learning curve and mistakes will be made.”
[December 3]Euro-zone banks’ overnight deposits with the European Central Bank hit yet another fresh 2011 high December 2. Banks deposited €332.705 billion ($445.49 billion) with the ECB, the ECB said December 5, hitting a 2011 record for the third day in a row. The deposits were up from €313.763 billion Thursday, hitting a level last seen in June 2010 while edging closer to the all-time high.

When markets are functioning properly, banks deposit a few hundred million euros at the ECB overnight. With the deepening of the euro-zone debt crisis, banks have become reluctant to lend to one another and place their funds with the ECB instead, in the fear that their counterparty may be exposed to week euro-zone sovereign debt.
[December 3]SchnittsKrieg, a war of cuts, deep, damaging austerity that amputates and excises and rearranges the targeted economies

By robbing a currency of its value, inflation wipes the slate clean for debtors and savers alike. Germans say they like the slate the way it is because they are on the plus side of the ledger.

Consumer debt, whether credit cards or in many cases even home mortgages, is frowned upon in Germany. According to figures of the Organization for Economic Cooperation and Development, the German savings rate was more than 10 percent every year between 2003 and 2009, while during the same period it bottomed out at 1.5 percent in the United States, and never rose above 6.2 percent. As a result German households had net savings of $4.3 trillion, according to the Bundesbank, in a country of fewer than 82 million people.
German focus on inflation is woefully misplaced during a time of little or no growth and severe market turmoil. If Europe slashes spending while the economy is still in a depression they will kill the Euro.