TURKEY: 1267 NOTIFICATION ON AL RASHID TRUST AND

S E C R E T ANKARA 001075 SIPDIS EEB/ESC/TFS LYNNE LAMBERT SCA/RA MANUEL MICALLER S/CT TARA DROZDENKO TREASURY/OIA DITMAR REDFERN E.O. 12958: DECL: 06/05/2018 TAGS: KTFN EFIN PTER PINR PREL SUBJECT: TURKEY: 1267 NOTIFICATION ON AL RASHID TRUST AND AL-AKHTAR TRUST REF: A. SECSTATE 59092 ¶B. ANKARA 932 Classified By: Acting Econ Counselor Rebecca Neff for reasons 1.4 (b and d) ¶1. (SBU) On June 6, we shared reftel points with Metin Ergin, Office Director for Security Affairs at the Turkish Ministry of Foreign Affairs. Ergin thanked us for the information, and said he would share it promptly with all appropriate parties in the Government of Turkey. ¶2. (S) In Reftel B, Ergin expressed frustration with the bureaucratic process to enact asset freezes and build an airtight case against terrorist financiers that will withstand legal challenge. At the meeting on June 6, he noted the need to have an entity within the GOT to manage frozen assets until the final resolution of a terrorism finance case. These assets might take the form of bank deposits, real estate, or corporations. The latter case would require significant management time and expertise. He suggested that such an entity should operate under the auspices of MASAK, Turkey's financial intelligence unit. Visit Ankara's Classified Web Site at http://www.intelink.sgov.gov/wiki/Portal:Turk ey WILSON