A former Turkish banker convicted of violating US sanctions on Iran was sentenced in NY on Wednesday to 32 months in prison.
In January, Atilla was found guilty of five counts of conspiracy and bank fraud.
Zarrab, 34, initially pleaded not guilty then decided to make a deal, becoming a USA government witness after admitting being involved in the multi-billion-dollar gold-for-oil scheme to subvert United States economic sanctions against Iran.
He offered a detailed assessment for why reached such a verdict against the banker who stood at the trial as the only defendant while other key figures such as former Turkish Economy Minister Zafer Caglayan and Halkbank's former CEO Suleyman Aslan, were absent. His conviction followed a four-week trial in which Atilla testified in his own defence. The jury absolved him of money laundering charge.
Watched intensely from NY to Istanbul, the proceedings ended with a likewise extraordinary 32-month sentence, a prison term lower than what prosecutors or even defense attorneys requested. Indeed, the US-based prosecution has alleged that Turkish President Recep Tayyip Erdogan greenlighted the evasion scheme, which has prompted Erdogan to hit back with accusations that Washington is hatching a plot to undermine his country's reputation.
However, prosecutors on Wednesday noted that the government did not seek a 105-year sentence, or a life sentence for Atilla, adding that it recommended a sentence of about 20 years, some 80 years below guidelines.
On Wednesday, Judge Berman said he intends to impose a sentence of 32 months of incarceration with credit for the time already served.
"This is a case about nuclear capability by the world's biggest state sponsor of terrorism", Lockard said. "If Hakan Atilla is going to be declared a criminal, that would be nearly equivalent to declaring the Turkish Republic a criminal".
Lawyers for Atilla said they would nonetheless appeal.
Turkish banker gets 32 months prison in United States case over Iran sanctions
By then, Judge Berman already had rejected the prosecution's depiction of Atilla's role and revealed that his sentence would be "appropriately lenient".
Berman's remarks echoed arguments that Atilla's defense attorney Victor Rocco made throughout last year's trial.
"We appreciate the thought and comprehensiveness of the judge's sentence", Rocco said.
Prosecutor Michael D. Lockard, however, pushed for a long sentence and stated that Atilla's expertise helped the scheme to succeed on a massive scale.
Zarrab, who has yet to be sentenced, testified during Atilla's trial that he bribed Turkish officials, and that Erdogan personally signed off on parts of the scheme while serving as Turkey's prime minister.
His conviction hinged on the testimony of Turkish-Iranian gold trader Reza Zarrab, who was arrested by U.S. authorities in 2016 after getting to Florida with his wife and child on a family holiday to Disney World.
"Apart from my family, I have no other priorities", the statement said.
A former Erdogan ally turned state enemy, Zarrab tendered an eleventh-hour guilty plea before trial that led to his dramatic testimony in NY.
JJBender.com is a trustworthy and reputable source of used office equipment that offers a wide variety of products. And in today’s economy, every small business owner is looking for ways to save money and reduce expenses.
The market cap company was given GBX 1012.00 target price that suggests 6.10 % upside potential from the close price . The The Gap, Inc . exchanged hands with 7957831 shares compared to its average daily volume of 4.95M shares.
We will continue working as a Board to address the necessary changes and improvements that are needed at our university. Sources connected to the survivors tell 6 News that the announcement will come from the university today.
Fortnite Duck Locations: What's the Reward for Finding Them? Go to all the locations and you'll complete the challenge. This shouldn't take more than a few games if you get lucky enough to find a weapon as you land.
Titled Donuts , this game would have boasted a colorful and cute style that was created to "fight Seasonal Affection Disorder". The developer of LawBreakers and Radical Heights "is no more", and he's taking a break from the video games industry.
The stance of Donald Trump basically questions the ethics of US as Trump ignored the view of former US President Barack Obama . There is an existing European Union "blocking statute", from 1996, aimed at countering USA sanctions linked to communist Cuba.
He claims the guard was asleep when his client arrived at the guardhouse and it took "some time to wake up the sleeping guard". Rapper T.I. was arrested earlier Wednesday morning in Stock Bridge, Georgia, outside of his residence's gated community.
Senators gut bill to allow some guns on Louisiana campuses
Under SB181, anyone who performs an abortion after the 15-week period could face up to 2 years in prison and a $1,000 fine. Calling the referendum, which requires only a simple majority of voters to pass, does not require approval from Gov.
Starbucks unveils ambitious plan for growth in China
China well-known for its technology innovations but now the country will get around 3,000 new Starbucks stores. In a nation where tea drinking is the tradition, China has emerged as a big and vital market for Starbucks .
Diego Maradona named chairman of Belarusian club
Maradona, who most recently managed UAE second-division side Fujairah, will be taking over football operations. The club say Maradona's role will see him "deal with strategic development of the club".
Arcos Dorados Holdings Inc. (NYSE:ARCO) Sees RSI Reach 31.16
Keeping track of key economic data along with market trends and earnings information typically seems to be a boon to any strategy. The restaurant operator reported $0.06 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.08 by ($0.02).
John Abraham roped in for Nikkhil Advani's Batla House
Abraham will reportedly play DCP Sanjeev Kumar Yadav, who received a gallantry medal for his role in the operation. We are hoping to answer these questions in the movie. "We want to make films that are very relevant and topical".
ITC shares up 1.5% post Q4 results
A Bloomberg poll of analysts expected ITC's net income and revenue of Rs 2,920 crore and Rs 11,940 crore in Q4FY18 respectively. However, its hotel business fared better, posting an EBIT jump of 13 per cent year-on-year in the quarter under review.
How Home-based Business Can Benefit from Coworking Spaces
More so, it can encourage productivity by being able to lessen boredom since you will be surrounded by people you can talk to. It Fits the Bill According to statistics, self-employment is on the rise, increasing by as much as 40% in the U.S . by 2020.
The Essentials of Being an Eco-Friendly Hotel
Conserve Energy Lights, water heaters, and air conditioning units, among other things, consume the most electricity in hotels. Through these actions, the hotel can build a better name by showing its clients how it values environmental sustainability.