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DIARY: US Supreme Court to hear Turkish lender Halkbank’s bid to avoid ML charges

CASE: File photo of people walking by a branch of Halkbank in central Istanbul, Turkey. REUTERS/Huseyin Aldemir

The US Supreme Court will tomorrow (Tuesday) hear Turkish state-owned lender Halkbank’s bid to avoid criminal charges of money laundering, bank fraud and conspiracy for allegedly helping Iran evade economic sanctions.

The case has been the cause of friction between the US and Turkey – both NATO allies.

More to follow on AML Intelligence Tuesday, January 17

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