Turkish-Iranian gold trader testifies at U.S. trial in sanctions case - News Summed Up

Turkish-Iranian gold trader testifies at U.S. trial in sanctions case


Feeling unjustly rejected, he said he met with Zafer Caglayan, Turkey’s finance minister. He said Caglayan told him he would broker gold trades in return for half the profits. Zarrab said he paid Caglayan over $50 million to broker the trades and that Caglayan’s involvement overcame the bank’s resistance. A lawyer for Atilla attacked Zarrab’s credibility Tuesday during opening statements, saying the trial is about Zarrab’s crimes. Turkey’s deputy prime minister recently said Zarrab was a “hostage” being forced to testify against Turkey’s government.


Source: thestar November 29, 2017 21:11 UTC



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