Supreme Court suggests Turkey-owned Halkbank can be prosecuted for Iran sanctions violations

Supreme Court suggests Turkey-owned Halkbank can be prosecuted for Iran sanctions violations


Halkbank in Istanbul, Turkey.

Kemel Uzel | Bloomberg | Getty Photographs

The Supreme Courtroom dominated Wednesday that Halkbank, which is owned by the authorities of Turkey, is not immune from prosecution in New York federal courtroom for allegedly violating U.S. financial sanctions on Iran.

The court rejected arguments by Halkbank that it was immune from prosecution in U.S. courts simply because of the Foreign Sovereign Immunities Act of 1976, and that the federal criminal statute does not enable for prosecutions of instrumentalities of international states such as the bank.

The Supreme Court informed the U.S. 2nd Circuit Court docket of Appeals to reconsider a request by Halkbank to toss out the prosecutions.

Justice Brett Kavanaugh wrote the the vast majority belief in the final decision, which six other justices totally joined.

Justice Neil Gorsuch filed a separate view that concurred in element with the bulk, but which also dissented in aspect. Justice Samuel Alito joined Gorsuch in his feeling.

This is breaking news. Please verify back for updates.



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