Zarrab

A racehorse belonging to Reza Zarrab, a Turkish-Iranian businessman who was arrested in the U.S. in 2016 over evading sanctions on Iran, had to leave his champion-style life in a hippodrome to live a more modest life on a simple ranch on the outskirts of Istanbul.

A jury trial against Turkish-Iranian businessman Reza Zarrab that was scheduled to begin on Jan. 23, 2017, has been suspended until Oct. 16 after the judge in the fraud case ruled that the defendant's legal team required extra time to prepare for an additional indictment regarding Zarrab's alleged ties to Hezbollah.

Turkey's Halkbank has said it found several reports and comments which linked the lender with an ongoing investigation conducted in the U.S. against an Iranian-born Turkish businessman unfair, inappropriate and law-breaking in a written statement. 

A U.S. court has rejected the bail application of shady Turkish businessman Reza Zarrab, who was arrested in Florida on charges of fraud and violating international sanctions on Iran.

U.S. judge John O'Sullivan rejected Zarrab's bail request in a hearing which lasted five minutes.

Reza Zarrab, an Iranian-born Turkish businessman who was acquitted in a vast Turkish graft probe in 2014 after 70 days in jail, has been arrested in Florida on charges of conspiracy to conduct hundreds of millions of dollars in financial transactions for the Iranian government or other entities to evade U.S. sanctions. 

A civil aviation company belonging to Reza Zarrab, the Iranian-Azerbaijani businessman at the center of Turkey's suppressed corruption probe, has purchased a new plane worth $58 million.

Watch-seller Yusuf Tutuş, the apparent dealer of the expensive watch that was allegedly given to former Economy Minister Zafer Çağlayan by Iranian-Azeri businessman Reza Zarrab, has said Zarrab would buy 20 to 30 watches worth more than 1 million euros annually to give as gifts.