Federal prosecutors have charged a Turkish bank with ties to a former client of President Trump Donald John TrumpFederal prosecutor speaks out, says Barr 'has brought shame' on Justice Dept. Former Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick MORE’s personal attorney Rudy Giuliani Rudy GiulianiThe Hill's Campaign Report: GOP set to ask SCOTUS to limit mail-in voting CIA found Putin 'probably directing' campaign against Biden: report Democrats fear Russia interference could spoil bid to retake Senate MORE in connection with an alleged scheme to evade sanctions on Iran, according to the U.S. Attorney's Office for the Southern District of New York.

The six-count indictment alleges that Turkiye Halk Bankasi AS (Halkbank) was part of a conspiracy to give Tehran access to billions of dollars in defiance of sanctions that it concealed from U.S. regulators.

ADVERTISEMENT

“As alleged in today’s indictment, Halkbank’s systemic participation in the illicit movement of billions of dollars’ worth of Iranian oil revenue was designed and executed by senior bank officials,” U.S. Attorney for the Southern District of New York Geoffrey Berman said in a statement.

“The bank’s audacious conduct was supported and protected by high-ranking Turkish government officials, some of whom received millions of dollars in bribes to promote and protect the scheme. Halkbank will now have to answer for its conduct in an American court,” Berman added.

Reports last week said that in 2017, Trump pressured then-Secretary of State Rex Tillerson Rex Wayne TillersonGary Cohn: 'I haven't made up my mind' on vote for president in November Kushner says 'Alice in Wonderland' describes Trump presidency: Woodward book Conspicuous by their absence from the Republican Convention MORE to help convince the Justice Department to drop a criminal case against Turkish-Iranian gold trader Reza Zarrab, who was himself charged in a sanctions-evasion scheme and represented by Giuliani.

Zarrab eventually pleaded guilty and testified against Mehmet Hakan Atilla, who headed international banking at Halkbank, also claiming Turkish President Recep Tayyip Erdoğan was aware of the laundering effort.

While Erdoğan has denied Zarrab’s allegations, the statement from the U.S. attorney's office says unnamed “high-ranking government officials in Iran and Turkey participated in and protected this scheme,” with some of them accepting bribes worth tens of millions of dollars to promote the conspiracy, protect conspirators and conceal the scheme from regulatory scrutiny.