Economy · World

Halkbank Cleared of Charges by US Court

1 sourceFirst reported 1 month agoUpdated 1 month ago

AI summary: catch up in 20 seconds

A US federal court has dismissed criminal charges against Halkbank.
The Turkish state bank was accused of helping bypass sanctions on Iran.
This ruling ends a nine-year legal battle for the bank and the Turkish government.
Halkbank announced the closure of the case following a deferral agreement with US prosecutors.
An independent compliance report was submitted to US authorities as part of the agreement.

Generated by AI from the 1 sources below · always verify with the originals

AI summary: catch up in 20 seconds

Summarising the coverage…

Generated by AI from the 1 sources below · always verify with the originals

All coverage (1)

Sign in to join the discussion.

No comments yet. Be the first to join the discussion.

AI summary: catch up in 20 seconds

A US federal court has dismissed criminal charges against Halkbank.
The Turkish state bank was accused of helping bypass sanctions on Iran.
This ruling ends a nine-year legal battle for the bank and the Turkish government.
Halkbank announced the closure of the case following a deferral agreement with US prosecutors.
An independent compliance report was submitted to US authorities as part of the agreement.

Generated by AI from the 1 sources below · always verify with the originals