US Justice Department Seeks Dismissal of Halkbank Iran Sanctions Case After March Deal
Updated
Updated · Bloomberg · Jun 11
US Justice Department Seeks Dismissal of Halkbank Iran Sanctions Case After March Deal
1 articles · Updated · Bloomberg · Jun 11
Summary
The Justice Department asked a federal judge to dismiss the long-running criminal case against Turkey’s state-owned lender Halkbank over alleged Iran sanctions violations.
Prosecutors told US District Judge Richard Berman that Halkbank satisfied all conditions required for dismissal under a deferred prosecution agreement signed in March.
The request would end a US case that had hung over the bank for years, pending the judge’s approval of the dismissal.