US Supreme Court considers legality of Türkiye state-owned bank criminal prosecution
Oral arguments began Tuesday at the United States Supreme Court in Turkiye Halk Bankasi A.S. v. United States
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Oral arguments began Tuesday at the United States Supreme Court in Turkiye Halk Bankasi A.S. v. United States
A bank controlled by Turkey told the Supreme Court Jan. 17 that it should not be criminally prosecuted ...
Both sides argued that the wrong ruling would have dire consequences for international relations. The justices left them guessing.
A 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.
The nine justices heard arguments in Halkbank's appeal of a lower court's ruling in favor of the U.S. government that allowed the prosecution of the bank to proceed. The case tests Halkbank's contention that it is shielded from prosecution because, as an entity majority owned by the Turkish government, it should enjoy the same legal protections as Turkey.