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Caught Our Eye

Turkish bank hired PR team for U.S. legal case

Posted by Keturah Hetrick on Jan. 9, 2018

A state-owned Turkish bank has hired a U.S. public-relations team to help with its legal issues. The bank was implicated in a corruption trial that culiminated last week in the conviction of one of its former top executives.

Halkbank has paid McGinn and Co. an undisclosed amount of money for "communications advice" since December, according to a lobbying disclosure filed yesterday. The registration is McGinn and Co.'s first federal lobbying disclosure.

On Wednesday, a former Halkbank executive was found guilty in a New York court of helping Iran evade U.S. sanctions. Turkish President Tayyip Erdogen has labeled the trial an "international coup attempt."