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Bankers Beware, US Says, Touting Turk’s Prosecution

ADAM KLASFELD - courthousenews.com - MANHATTAN (CN) — The major players behind the 2008 global financial crisis may be free, but a Turkish bank manager’s prosecution for facilitating billions in illicit trades with Iran proves that the financial sector isn’t “too big to jail,” a U.S. prosecutor said on Tuesday. Facing the possibility of decades behind bars, Turkish national Mehmet Hakan Atilla has vigorously maintained his innocence throughout two days of cross-examination about his work at Turkey’s state-run Halkbank, the nation’s sixth largest bank. Directly after leaving the witness stand, Atilla jumped out of the frying pan and into the fire of a prosecutor’s heated summation. Defense attorneys have depicted Atilla as one of 13 managers who improbably found himself at the center of a geopolitical drama.

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