Dec 01 2017

Turkey moves to seize Zarrab's assets

Turkey moved to seize the assets of Iranian-Turkish businessman Reza Zarrab and his relatives.

The order came from the Istanbul chief prosecutor's office, the state-run Anatolia news agency said on Friday. The anti-terrorism department of the country's police is also investigating him, it said.

Zarrab is testifying as a witness on behalf of U.S. prosecutors in a trial of an executive of state-run Halkbank on charges of evading sanctions on Iran. Zarrab, who is a co-conspirator in the plot, said in testimony yesterday that President Recep Tayyip Erdoğan and several of his ministers were complicit.

The businessman is known to own a villa on the Bosporus in Istanbul, at least one luxury country home, several businesses, a yacht, private jet and luxury cars. His wife is Turkish popstar Ebru Gündeş