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Home Economics

Turkey secretly sold Iran 200 tons of gold – told Zafar Caglayan

by Daniel Brown
2014/06/26
in Economics, HOME
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Turkey secretly sold Iran 200 tons of gold - told Zafar Caglayan
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Minister $ 800-billion economy Turkey Zafar Caglayan in 2013 faced a number of data unfavorable to the upcoming elections. Inflation grew, economic growth slowed and weakened currency – Turkish Lira.

One of the key indicators of the financial “health” was particularly disturbing: the country imported far more goods, services and capital, than exported. In October, Caglayan said this break as Inappropriate and assured that steps will be taken to remedy it.

However, he did not mention secret, stimulating exports, an operation that began the year before and helped reduce the trade imbalance.

Police investigators was secretly recorded conversation Caglayan with his colleagues, in which he urged them to find a way to increase exports by at least $ 1 billion per month. This order, according to Caglayan, came from above, from Prime Minister Recep Tayyip Erdogan.

In the operation was involved Iranian-born businessman who liked fast horses, cars and airplanes. His job was to deliver the gold topped Iran sanctions. In such quantities that it soon became a key “tool” reduce economic imbalances Turkey.

Exactly how they managed to cope with the current account deficit, otherwise referred to as the gap between imports and exports, establishing export to Iran, is contained in the investigative document, which occupies 300 pages, according to which Caglayan and his accomplices received bribes amounting to tens of millions of dollars, and which quoted parliamentary opposition.

Tags: caglayanIranministerTurkey
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