Turkey’s Halkbank must face U.S. indictment over Iran sanctions violations, judge rules
Coldwater, MI, USA / WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
Syndicated Content
Oct 1, 2020 6:54 PM
By Jonathan Stempel
NEW YORK (Reuters) - A U.S. judge on Thursday refused to dismiss an indictment accusing state-owned Turkish lender Halkbank of helping Iran evade American sanctions.
U.S. District Judge Richard Berman in Manhattan rejected Halkbank's claim that the Foreign Sovereign Immunities Act shielded it from prosecution, saying that law did not appear to grant immunity in criminal proceedings.
More:Turkey’s Halkbank must face U.S. indictment over Iran sanctions violations, judge rules | WTVB | 1590 AM · 95.5 FM | The Voice of Branch County
