US Supreme Court gives Turkey's Halkbank another chance to avoid charges

  • 📰 Reuters
  • ⏱ Reading Time:
  • 47 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 97%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

The U.S. Supreme Court on Wednesday bolstered 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.

WASHINGTON, April 19 - The U.S. Supreme Court on Wednesday bolstered a bid by Turkey's state-owned lender Halkbank

Halkbank, an entity owned by the Turkish government, was charged in New York in 2019 and has pleaded not guilty to bank fraud, money laundering and conspiracy charges over its alleged use of money servicers and front companies in Iran, Turkey and the United Arab Emirates to evade U.S. sanctions., another Turkish state bank, jumped 9.9% and the bourse's banking index climbed more than 4%.

The Supreme Court rejected the bank's view that it is protected under a 1976 U.S. law called the Foreign Sovereign Immunities Act that limits the jurisdiction of American courts over lawsuits against foreign countries. Justice Neil Gorsuch, in a dissent joined by fellow conservative Justice Samuel Alito, said the Foreign Sovereign Immunities Act does apply but that the bank's prosecution would still be allowed to proceed under the law's exceptions for commercial activity in or affecting the United States.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

The American administration has still not been able to pay back the F35 money it received from the Turks.

Aha da ranza.. Seçimden sonraya bıraktı küresel aktörler

In exchange of what

So how they can avoid charges?

I guess Halbank isn’t pregnant or otherwise they would be fucked

Wow

ምክንያቱ ምፍላጥ ዋና መፍትሒ ህዝቢ ዓለም ልክዃን ልክእል ልርኣየ ልከይሽበር ምግባረሸ ልንመሃር ልንክእል ልንክእል ሊዃን ይሆናል

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:

 /  🏆 2. in LAW

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.

McConnell hammers Democrats for attacking Supreme Court justices: 'Going after the court'.LeaderMcConnell was asked about Justice Clarence Thomas’s relationship with a Republican donor. 'The Democrats, it seems to me, spend a lot of time criticizing individual members of the court and going after the court as an institution,' McConnell said. LeaderMcConnell Nominating Thomas was the greatest achievement of the HW Bush Administration. LeaderMcConnell This guys balls retract and descend like a turtles head. 🐢
Source: dcexaminer - 🏆 6. / 94 Read more »

Amid Contradicting Orders, the Supreme Court Protects Abortion Pill Access—for NowA Friday afternoon order from the Supreme Court preserves the status quo on abortion pills till next week, giving the justices time to study the case. In Dobbs v. Jackson
Source: MsMagazine - 🏆 378. / 59 Read more »

Supreme Court to deliver answer in religious mailman's caseThe Supreme Court this week is hearing the case of a religious mail carrier who refused to deliver Amazon packages on Sundays
Source: WOKVNews - 🏆 247. / 63 Read more »

Why doesn’t the Supreme Court have a formal code of ethics?ProPublica reported April 6 that U.S. Supreme Court Justice Clarence Thomas accepted tens of thousands of dollars in gifts from a Texas billionaire without...
Source: dallasnews - 🏆 18. / 71 Read more »

Supreme Court to deliver answer in religious mailman's caseThe Supreme Court this week is hearing the case of a religious mail carrier who refused to deliver Amazon packages on Sundays.
Source: ksatnews - 🏆 442. / 53 Read more »

Supreme Court to Consider Christian Delivery Man's Refusal to Work Sundays in Religious Freedom CaseThe Supreme Court this week is hearing the case of a religious mail carrier who refused to deliver Amazon packages on Sundays. That's a easy solution don't take the job. God certaintly understand he said if you need wisdom just ask for it. Many folks works in hospital , public safety believe in the Lord, wants to go to church on some weekends.
Source: NBCNewYork - 🏆 270. / 63 Read more »