The Swampiest Swamp in the History of Swamps
The government of Qatar is one of Ballard’s clients, and so was the government of Turkey until last month. Turkey alone paid roughly $2 million to Ballard’s firm over the last two years. The relationship between Turkey and Ballard ended after Turkey’s state-run bank Halkbank (which at the time had also been Ballard’s client) was indicted in federal court for evading U.S. sanctions against Iran.
The sanctions-evasion scheme had been spearheaded by Reza Zarrab, a Turkey-based gold trader who was born in Iran. Zarrab, of course, was later represented by Rudy Giuliani, the President’s personal attorney.
Read more at The Bulwark