Ballard Partners, which has close ties with president Trump, terminated its relationship with Turkey's Halkbank on Oct. 16, the day after the US Justice Dept. filed fraud and money-laundering charges against the country's No. 2 state-owned bank.
The charges stem from the US District Court for the Southern District of New York investigation into whether Halkbank helped Iran dodge US sanctions.
BP began providing strategic communications and advisory services to Halkbank in August 2017 under a one-year contract worth $1.5M.
The firm of Brian Ballard, who was president Trump's chief fundraiser in Florida, was already working for the Republic of Turkey at the time under a one-year $1.5M contract that went into effect in May 2017. That relationship lasted until November 2018
Halkbank signed a three-month extension with BP on Aug. 21 at $40K a-month.
Ballard handled the Halkbank business with Jamie Rubin, former assistant secretary of state for PA in Bill Clinton’s White House and Syl Lukis, head of BP's Washington office.