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Bilateral Legal Accords With U.S. Losing Validity – Erdogan

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Turkish President Tayyip Erdogan on Friday warned that bilateral legal accords with the U.S. were “losing validity”, lashing out at Washington over the conviction of a Turkish banker in a U.S. trial.

A jury in a U.S. federal court has on Wednesday convicted an executive of Turkey’s majority state-owned Halkbank for evading Iran sanctions in a case Erdogan casted as a political attack against his government.

“If this is the U.S. understanding of justice, then the world is doomed.

“The U.S. should excuse us, but the laws in our bilateral ties and the bilateral accords between us are losing their validity.

“I am saddened to say this, but this is how it will be from now on,” Erdogan told a news conference before his departure to France for an official visit.

He did not say to which accords he was referring.

Turkey’s foreign ministry on Thursday condemned the conviction as unprecedented meddling in its internal affairs.

The Halkbank executive, Mehmet Atilla, was convicted on five of six counts, including bank fraud and conspiracy to violate U.S. sanctions law.

The case was based on the testimony of a wealthy Turkish-Iranian gold trader, Reza Zarrab, who cooperated with prosecutors and pleaded guilty to charges of leading a scheme to evade U.S. sanctions against Iran.

In his testimony Zarrab implicated top Turkish politicians, including Erdogan.

Zarrab said that Erdogan personally authorised two Turkish banks to join the scheme when he was prime minister.

Turkey says the case was based on fabricated evidence and has accused U.S. court officials of ties to the cleric blamed for a 2016 coup attempt.

“The U.S. is carrying out a chain of plots, and these are not just legal but also economic plots,” Erdogan said at the news conference, in his first public comments since the verdict.

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