The Life of Reza Zarrab and Ebru Qundish

After Zarrab’s arrest, shares in Halkbank, whose CEO was among those charged with taking bribes from Zarrab, had fallen by 20%. He has offered to pay $50 million to be granted a bail.[8] Bail has been denied. In their brief against granting bail, prosecutors had argued that “if the defendant were able to reach Turkish soil, he could cause the highest levels of Turkish government to block his return to the United States.”