posted by Christopher Holton A Turkish banker named Mehmet Hakan Atilla, who was found guilty of helping Iran evade U.S. sanctions following a trial that featured accusations of corruption against top Turkish officials, including Turkish dictator Erdogan, asked a federal judge this week to impose a lenient sentence. Atilla was arrested in New York in […]
posted by Christopher Holton A U.S. jury on Wednesday found a Turkish banker guilty of helping Iran evade U.S. sanctions, after a nearly four-week trial that has strained diplomatic relations between the United States and Turkey. Mehmet Hakan Atilla, an executive at Turkey’s majority state-owned Halkbank, was convicted on five of six counts he faced, […]
Erdogan going after Gulen’s Bank’s Shareholders
posted by Christopher W Holton The Erdogan regime in Turkey is going after the Gulen organization’s shariah-compliant Bank Asya’s shareholders. This is the latest financial aspect of the ongoing campaign that Erdogan is waging on Gulen. Erdogan and Gulen were never best of friends but at one time their animosity de-escalated to the point of […]
posted by Christopher W Holton Though he continued to use contrived, tortured language in his description of the threat, National Security Adviser H.R. McMaster finally woke up this week and realized that the threat from Jihad (a word he did NOT use) extends way beyond–geographically and literally–ISIS and Al Qaeda. Speaking at a conference in […]
posted by Christopher W. Holton The intrepid Patrick Poole as a major story breaking over on PJ Media indicating a great deal of direct Turkish regime involvement in funding “criminal gangs” in Germany to attack dictator Erdogan’s opponents there… German intelligence wiretaps revealed AKP Party officials transferring money to leaders of the “Osmanen Germania” (Ottoman […]
posted by Christopher W. Holton Lawyers for a Turkish banker on trial in New York on charges that he helped Iran evade U.S. sanctions asked a judge on Wednesday to declare a mistrial, saying testimony by a former Turkish police investigator should not have been allowed in court. The lawyers for Mehmet Hakan Atilla, an […]
The Gatestone Institute has posted an excellent analysis of Turkey’s activities to launder money to help Iran, the world’s foremost state sponsor of terrorism, bypass sanctions. Here are some excerpted highlights and a link to the report: In the investigation, Zarrab was accused of running a network that laundered at least $87 billion to bypass […]
posted by Christopher W. Holton In stunning testimony in a blockbuster legal case in New York on money laundering and alleged violations of sanctions against the Islamic Republic of Iran, the key figure in the trial today declared that Turkish dictator Recep Erdogan was up to his ears in the scheme. This revelation confirms two […]
posted by Christopher W. Holton U.S. prosecutors on Tuesday charged an executive at a Turkish state-owned bank with participating in a multi-year scheme to violate U.S. sanctions against Iran, escalating a case that has added to tensions between the United States and Turkey. Mehmet Hakan Atilla, a deputy general manager of Halkbank, is accused of […]
Here we have more definitive proof that the Shariah Finance industry is designed to not only promote Shariah to Muslims but also to non-Muslims… Turkish Deputy Prime Minister Ali Babacan speaking at an IMF discussion emphasised the universality of Islamic finance for all of man-kind irrespective if the customer is Muslim or not. http://www.islamicfinance.com/2015/06/turkish-deputy-prime-minister-islamic-finance-values-universal/
This incident is part of the continued conflict between the Gulenist movement and the Erdogan regime… Turkey has struggled to leave a mark during its first few months of leadership of the Group of 20 (G-20), the world’s most economically developed countries, amid midnight police raids on the country’s largest Islamic bank, administrative pressure on […]
Sami Al Arian was deported after a 12-year battle to remain in the United States. Al Arian, a former professor at the University of South Florida, was arrested in 2003 on charges of funding the Iranian-sponsored Islamic Jihad… http://www.worldtribune.com/2015/02/09/jihad-leader-former-university-south-florida-professor-resettles-turkey/
Six Bosnian natives who immigrated to the U.S. sent money and military equipment to support Al Qaeda in Iraq and the Islamic State terror group, the Justice Department reported Friday night. The suspects sent multiple payments using PayPal, as well as U.S. military uniforms, combat boots, tactical clothing and gear, military surplus goods, firearms accessories, rifle […]
Report: Qatar, Turkey Fund Muslim Brotherhood in Libya, Sudan
Oilprice.com has an interesting report that indicates that, despite a public relations campaign meant to convince the world that they have ended their support for Jihad, Qatar continues to fund the Muslim Brotherhood–and does so in cooperation with NATO member Turkey… Qatar, in fact, has reinforced its strategic position of support for the Muslim Brotherhood […]
Kuwait Finance House Continues Spread of Shariah Finance in Turkey
Kuwait Finance House (KFH) continues to facilitate the spread of Shariah finance in Turkey. They just inked a new $350 million banking and mortgage deal through their Turkish affiliate. Turkey continues to drift toward Islamization and away from the rest of NATO… http://ameinfo.com/blog/finance-and-economy/kfh-announces-successful-conclusion-350m-syndicated-club-murabaha-facility-kfh-turkey/
Kenneth Rijock’s Financial Crime blog has a good article on HAMAS leadership using Turkey as a financial depository. Turkey has essentially become a state sponsor of terror. It is high time that it got called out for its role in supporting Jihad… http://rijock.blogspot.com/2014/11/wheres-12m-in-hands-of-khaled-meshaal.html
How the Islamic State Smuggles Oil
Turkey is a focal point in the new international fight against ISIS. Its porous, 565-mile border has been a gateway for the foreign extremists who fill the ISIS ranks — and with sky-high domestic fuel prices, it has been a key market for the oil that funds ISIS. http://www.buzzfeed.com/mikegiglio/this-is-how-isis-smuggles-oil
It comes as no surprise that Shariah banking is gaining ground in Turkey. After all, the Erdogan regime is an outright Islamist regime that supports HAMAS Jihadists and turned a blind eye for years to Jihadis passing through its territory to join ISIS/ISIL… Turkey’s government has moved to expand Islamic banking by inviting public banks into the […]
Australian Money Transfer Firm Shut Down Amid Suspicions of Terror Financing
An Australian money transfer business owned by the sister and brother-in-law of a convicted Sydney terrorist named Khaled Sharrouf has been shut down amid concerns it was sending millions of dollars to the Middle East to finance terrorism. Damour Sharrouf and her husband Ahmed Alwash have had their Lakemba firm Bisotel Rieh Pty Ltd suspended after the […]
Islamic Relief USA (IRUSA), the U.S. branch of the charity group Islamic Relief Worldwide (IRW), is linked to a Hamas affiliate in Turkey named the Humanitarian Relief Foundation (IHH). The Money Jihad blog discovered that three IRW offices have a working relationship with IHH. The U.S. branch based in Virginia is also likely directly linked to IHH. The blog points out […]
Turkey’s Burgan Bank’s ratings “are constrained by tight liquidity and high dependence on interbank funding, weakening capital ratios, high gross exposure to Forex-denominated assets and liabilities and net losses reported in two successive years, owing largely to a high cost structure.” The FSR Outlook was lowered to ‘Negative’ from ‘Stable.’ http://www.cpifinancial.net/news/post/28260/ci-affirms-ratings-of-burgan-bank-turkey-fsr-outlook-lowered-to-negative
It’s no secret that there is an intense rivalry brewing in Turkey between Prime Minister Erdogan and followers of the shadowy Islamist philosopher Fethullah Gulen. Now, apparently as part of that rivalry, government regulators are targeting the Gulenist bank, Bank Asya, one of Turkey’s largest Shariah-compliant banks… http://online.wsj.com/articles/turkey-risks-setting-dangerous-precedent-says-bank-asya-ceo-1410265889?tesla=y&mg=reno64-wsj&url=http://online.wsj.com/article/SB10001424052970203523604580143520692111124.html
Are Politics Stalling the War on Terrorism Financing?
We would maintain that the active denial of the true nature of Shariah and Shariah-compliant finance has meant that the war on terrorism financing has never been properly waged to begin with, but nevertheless, the article below from the Journal of International Security Affairs is well worth a look. … it is obvious that the war […]
While Israel is conducting Operation Protective Edge to stop HAMAS attacks from Gaza, a “Freedom Flotilla” is being organized in Turkey to bring supplies to the HAMAS-controlled Palestinian coastal enclave with the protection of the Turkish military. The flotilla, called “Freedom Flotilla II,” is being organized by the Turkish Humanitarian Relief Foundation (IHH), the same organization that […]
Belfast Telegraph: How the USA and UK Fund ISIS
Millions from governments and NGOs funding Islamic terror group… Western governments are sending millions of dollars of aid to areas held by the Islamic group ISIS in northern Syria. The aid, which is paid for by the UK, European and US governments, consists of food, medicine and hygiene kits. It is brought into the country through the […]
The secretive Gulen Islamist movement has a media arm counted in its large, well-financed empire. Hurriyet Daily News is one component of that media empire. It’s not surprising that Hurriyet is at the forefront of fawning articles about the rise of “Islamic” banking in Turkey… http://www.hurriyetdailynews.com/islamic-banking-is-no-more-a-step-child.aspx?pageID=238&nID=67054&NewsCatID=346
A Turkish charity known as İMKANDER has held rallies across Turkey in memory of Doku Umarov, the former emir of the Islamic Caucasus Emirate whose death was announced by the jihadist group just last week. The Islamic Caucasus Emirate aims to establish an independent Islamic state ruled under Shariah and to wage global jihad. The rallies took place […]
North Carolina Jihadis Planned to Use Charity as Cover
Two North Carolina men were arrested on terrorism charges this week with plans to travel to Yemen and Syria to join the Jihad. Of particular interest is the cover story they concocted in case they were caught. It’s hard to believe that these two thought this cover story up on their own… The pair planned […]
World Tribune has an interesting report on HAMAS’ continuing budgetary problems. In this case, two recent major supporters of HAMAS, Turkey and Qatar, appear to be pulling back on their financial support… The Hamas regime has been hampered by the failure of Qatar and Turkey to relay massive aid to the Gaza Strip. Palestinian sources […]
As a member of the FATF (Financial Action Task Force), Turkey is supposed to be taking strong measures to fight terrorism and cut off the funding for terrorism. But not only has Turkey NOT been doing that, there is evidence that Turkey is actually involved in providing funding for Jihadist terror… The Financial Action Task […]
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