A senior executive with the state owned Halkbank was arrested at JFK airport and is being implicated in the actions of Reza Zarrab, the Iranian chappie who allegedly helped Iran break US imposed sanctions. Mr Zarrab also has (allegedly) close ties to the current government in Turkey and to the wee fella himself, all allegedly remember!
Halkbank shares fell by 16% and the lira also weakened against the USD when this was announced.
Bloomberg article
here.
JF