Appointed convicted banker in America as general manager of the Istanbul Stock Exchange
Economy News - Baghdad
KAKAN ATLA, the former director of the Khalq Bank who was sentenced to prison in the United States, has been appointed general manager of the Istanbul Stock Exchange, Finance Minister Barat Albayrak said.
A US court sentenced Attila to 32 months in prison for helping Iran evade US sanctions.
America freed Attila and returned to Turkey earlier this year.
When Attila was convicted, Turkish President Recep Tayyip Erdogan condemned the case as a "political attack on his government."
Attila was accused of conspiring with Turkish-Iranian gold trader Reza Zarrab to channel hundreds of millions of dollars in illegal transfers through US banks on behalf of the Iranian government and other entities in that country.
The New York Times reported that Attila's trial, which lasted five weeks, contributed to strained relations between Ankara and Washington.
"Attila, who returned to his family and country after an unfair conviction, has ended," he said on his Twitter account. "He was appointed general manager of the Istanbul Stock Exchange."
It is noteworthy that the Turkish economy is experiencing difficult days, suffering from high inflation, the collapse of the value of the currency and growing levels of debt.