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Halkbank Iran Sanctions Case Tossed as Judge Grants DOJ Request

Halkbank Iran Sanctions Case Tossed as Judge Grants DOJ Request
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US Halkbank Iran Sanctions Case Tossed as Judge Grants DOJ Request A federal judge allowed the Justice Department to formally drop a long-running criminal case against Turkish state-owned lender Turkiye Halk Bankasi AS for allegedly helping Iran move billions of dollars in violation of US sanctions. US District Judge Richard Berman ruled Wednesday that Halkbank had met the conditions agreed with the government for dismissing the case, under a deferred prosecution agreement signed in March.

US Halkbank Iran Sanctions Case Tossed as Judge Grants DOJ Request A federal judge allowed the Justice Department to formally drop a long-running criminal case against Turkish state-owned lender Turkiye Halk Bankasi AS for allegedly helping Iran move billions of dollars in violation of US sanctions. US District Judge Richard Berman ruled Wednesday that Halkbank had met the conditions agreed with the government for dismissing the case, under a deferred prosecution agreement signed in March. [Image text:] HALKBANK 4 saat acik banka BANK24 NISAATSS SUBESI -11 MHALKSKCORIA MHALKEMELRIC CHALKORITOY www. m.tr www.halkbank.com.tr 444 4440400 dialog
Halkbank Iran Sanctions Case (ORG) Grants DOJ (PERSON) US (LOCATION) the Justice Department (ORG) Turkish (ORG) Turkiye Halk Bankasi (PERSON) Iran (LOCATION) Richard Berman (PERSON) Halkbank (ORG)
Originally published by Bloomberg Markets Read original →