The jury today got the Iran oil sanctions evasion case, more commonly known as the Zarrab case, although Reza Zarrab has himself entered a plea, and is assisting the Government at the trial. As of Wednesday night, they have not yet reached a verdict. We are on verdict watch, and will publish the decision here, as soon as it is announced.
Only Mehmet Atilla, the Halkbank deputy CEO, is on trial, as the other defendants are not yet in custody. Zarrab testified against him, contesting Atilla's version of the facts. The real question is whether, and when, others will be indicted, based upon Zarrab's cooperation.