Turkish Criminal Law No.5237

“In the article 282 of Turkish Criminal Code entitled as “Laundering of Assets Acquired from an Offence” it is stated that “A person who transfers abroad the proceeds obtained from an offence requiring a minimum penalty of six months or more imprisonment, or processes such proceeds in various ways in order to conceal the illicit source of such proceeds or to give the impression that they have been legitimately acquired shall be sentenced to imprisonment from three years up to seven years and a judicial fine up to twenty thousand days.

A person who, without participating in the commitment of the offence mentioned in paragraph (1), purchases, acquires, possesses or uses the proceeds which is the subject of that offence knowing the nature of the proceeds shall be sentenced to imprisonment from two years up to five years.”

Because the sanction of terrorist financing offence is determined as imprisonment for a term of five years to ten years, terrorist financing offence is considered to be the predicate offence of laundering and transferring the assets derived from terrorist financing offence abroad or concealing the illegitimate source of such and processing various operations giving the impression that such asset has been legitimately acquired is evaluated in the scope of “laundering” offence.