Halkbank Pleads Not Guilty in Iran Sanctions Case

Turkey’s state-owned Halkbank pleaded not guilty Tuesday (March 31) to US charges that the bank helped Iran evade sanctions on billions of dollars in oil funds.
The plea, entered on behalf of the company by its lawyer, Robert Cary, comes after month…

Turkey’s state-owned Halkbank pleaded not guilty Tuesday (March 31) to US charges that the bank helped Iran evade sanctions on billions of dollars in oil funds. The plea, entered on behalf of the company by its lawyer, Robert Cary, comes after months of legal wrangling over the bank’s response...