The state-owned Turkish bank is accused of helping Iran evade US sanctions, which has caused diplomatic tensions between the US and Turkey

The US Supreme Court declined on Monday to hear another bid by Turkey’s state-owned lender Halkbank to avoid fraud, money laundering and conspiracy charges in the United States for allegedly helping Iran evade American economic sanctions.

The Supreme Court in 2023 threw out a previous decision by the same lower court that had permitted the case to move forward but at that time rejected a key defence mounted by the bank.

Your personal data will be processed and information from your device (cookies, unique identifiers, and other device data) may be stored by, accessed by and shared with 88 TCF vendor(s) and 21 ad partner(s), or used specifically by this site or app.

Some vendors may process your personal data on the basis of legitimate interest, which you can object to by managing your options below. Look for a link at the bottom of this page or in the site menu to manage or withdraw consent in privacy and cookie settings.