Me Mogeeb Weiss, a lawyer in San Francisco, has filed an action in North Carolina on behalf of the Syrian association, Saint-François-d’Assise. He is accusing Kuveyt Turk Katilim Bankasi A.S. (KTKB) of financing all jihadi groups operating in Syria and in Iraq. .
The action relies on the findings of Tom Creal’s team. Tom was an expert with the United Nations in the United States, Afghanistan, Sierra Leone and Iraq, against corruption and organized crime.
In 1989, Kuwait Finance House (KFH), the leading Kuwaiti bank, established the bank KTKB. The other shareholders are the Directorate-General of the Republic of Turkey Foundation, the Public Institution for Kuwaiti Social Security and the Islamic Development Bank. KTKB has 180 agencies in Turkey.
Adnan Ertem, who previously worked with President Recep Tayyip Erdoğan (vice-president of KTKB), is the managing director of the Republic of Turkey Foundation.