Prosecutors alleged that from 2012 to 2016, Halkbank and its senior officers used front companies in Iran, Turkey and the United Arab Emirates and made “illicit transactions” that should have exposed the bank to sanctions under U.S. law. The front companies allowed the bank to transfer about $20 billion of what should have been restricted Iranian funds, according to the indictment, including at least $1 billion that passed through the U.S. financial system.
If the Supreme Court were to agree with the government that Halkbank can be prosecuted, Blatt said, “for the first time in the history of the world and on the planet, time immemorial, you’re saying that it’s conceivable a foreign state can be indicted.” “States would be free to try to bring lawsuits against Mexico for this or that, or perhaps China because of covid, or who knows what a creative state prosecutor might come up with,” Gorsuch said.
Turks and Arabs know they can’t depend on the US a declining power, Iran will always be their neighbor not the US.
The McTrump court is a joke. None of Trump’s appointees are even qualified to decide on a parking ticket.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Supreme Court weighs criminal charges against Turkish bank over violations of Iranian sanctionsA Turkish bank accused of flouting U.S. sanctions against Iran argued Tuesday before the Supreme Court that it is shielded from American legal challenges because it is operated by a foreign sovereign. Seize all of their US Assets
Source: WashTimes - 🏆 235. / 63 Read more »
U.S. Supreme Court mulls Turkish lender Halkbank's bid to avoid chargesU.S. Supreme Court justices on Tuesday grappled with thorny questions of sovereign immunity as they weighed a bid by Turkey's state-owned lender Halkbank to avoid criminal charges in the United States for allegedly helping Iran evade American economic sanctions.
Source: Reuters - 🏆 2. / 97 Read more »
Inside Brazil’s Supreme Court, conservation teams pick up the piecesAuthorities are trying to salvage historic artwork and furniture after rioters attacked government buildings on Jan. 8. ? At 72 years old, this kindergarten teacher is a terrorist! 🤔🤔🤔
Source: washingtonpost - 🏆 95. / 72 Read more »
Supreme Court's Alito and Thomas warn new gun control law raises 'serious' 2A questionsTwo of the Supreme Court's most conservative justices warned this week that New York's concealed carry restrictions law raises 'serious' constitutional questions ahead of arguments in four Second Amendment-related challenges at the federal appeals court level. This means challenge it now, win the case! Do it Republicans, stand up for the US Constitution TracieJames777 There's an army on the dance floor It's a fashion with a gun, my love In a room without a door A kiss is not enough in Love my way, it's a new road I follow where my mind goes They'd put us on a railroad They'd dearly make us pay For laughing in their faces And making it our way
Source: dcexaminer - 🏆 6. / 94 Read more »
Supreme Court rejects Missouri challenge to tax cut rule in COVID aid packageThe Supreme Court turned away a legal battle brought by the state of Missouri over a measure in the $1.9 trillion COVID-19 aid package that prohibited states from using economic relief money awarded to them to offset tax cuts. Wow. They did something smart You are non worthy news organization. A useless tool If you misuse COVID funds you must return! Sure republicans are looking for reason to defraud government but Yellen should continue to fight for retrieval of funds!
Source: CBSNews - 🏆 87. / 68 Read more »
Supreme Court rejects appeal on use of COVID aid for tax cutsWASHINGTON — The U.S. Supreme Court turned away a Missouri appeal that sought to ensure states can cut taxes even as they receive $195 billion in federal pandemic relief money.
Source: mercnews - 🏆 88. / 68 Read more »