US court upholds ruling allowing sanctions prosecution of Turkey's Halkbank

Turkiye Halk Bankasi

06/12/2024 21:04

NEW YORK, Dec 6 (Reuters) - A U.S. appeals court on
Friday declined to reconsider its ruling allowing the federal
government to prosecute Turkey's Halkbank  HALKB.IS  on charges
it helped Iran evade American sanctions. 
    A three-judge panel of the 2nd U.S. Circuit Court of Appeals
in October rejected the Turkish lender's argument that it
deserved immunity because it was state owned.
    In Friday's order, the 2nd Circuit denied Halkbank's request
that all of its active judges review the case, known as en banc
review. 



 (Reporting by Nate Raymond in Boston and Luc Cohen in New York)
 ((luc.cohen@thomsonreuters.com; +1 646 361 1622; Reuters
Messaging: Twitter: @cohenluc))