On Monday, four children of an American and his Israeli wife killed by the Palestinian terrorist group Hamas in 2015 filed suit against Turkey’s Kuveyt Turk Bank in a New York court. They charge that the bank helps Hamas finance its terrorist attacks, allegations the firm is almost certain to deny.
The lawsuit against this Shariah-compliant bank, which counts the Turkish government as a shareholder, comes two weeks after the US Treasury sanctioned 11 Turkey-linked entities and individuals for supporting Hamas and other jihadist outfits. The evidence keeps mounting: Turkey has become a haven for regional baddies.
Under President Recep Tayyip Erdogan, Turkey has become a permissive jurisdiction for rogue regimes and their illicit bankers. Between 2012 and 2015, Tehran relied on Turkish banks and a dual Iranian-Turkish gold trader to circumvent US sanctions at the height of Washington’s efforts to thwart the Islamic Republic’s nuclear ambitions. It was the biggest sanctions-evasions scheme in recent history.
Similarly, Venezula’s Maduro regime has been using Turkish-based companies in a money-laundering network involving the sale of Venezuelan gold. The US government sanctioned that network in July.
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