A trial to address Iranian-born Turkish businessman Reza Zarrab’s bail request was postponed to June 7 after the judge decided to examine the submitted documents on Thursday.
Zarrab was arrested in the United States during a family trip to Florida in March on charges of engaging in hundreds of millions of dollars of transactions for the Iranian government or other entities as part of a scheme to evade the US sanctions against the country and is currently in a US prison.
The businessman, on May 19 submitted a request to be released on bail. On Thursday’s trial, a court in New York said decided to postpone the trial so that they can evaluate the submitted evidences.
Southern District of New York attorney seeks 75 years of imprisonment for Zarrab. Attorney’s Office also rejects Zarrab t be released on bail and says that there is a high risk of him of fleeing.
Zarrab was arrested in late 2013 in Turkey during twin corruption investigations that involved President Recep Tayyip Erdoğan and his inner circle. He was later released from prison and all charges were dropped.