Skip to main content

Is corruption suspect's US arrest bad news for Erdogan?

The US arrest of Reza Zarrab, allegedly a key figure in Turkey’s bribery and corruption scandal, has set off alarm bells in Ankara.
Detained Azerbaijani businessman Reza Zarrab (C) is surrounded by journalists as he arrives at a police center in Istanbul on December 17 ,2013. Turkish police detained more than 20 people including the sons of three cabinet ministers and several high-profile businessmen on December 17 in a probe into alleged bribery and corruption, local media reported. Prime Minister Recep Tayyip Erdogan's ruling Justice and Development Party (AKP), which boasts of being pro-business, has pledged to root out corruption, a

The March 19 arrest of Iranian-Turkish gold trader Reza Zarrab in Florida came as a bombshell to Ankara politics. Zarrab allegedly was the key figure running a money-transfer network in 2010-2015 that was designed to evade US sanctions against Iran.

Zarrab allegedly acted on behalf of the Iranian government and Iranian businesses, and there is speculation that he must have made a deal with US authorities.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 for annual access.