By Andrew Chung
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.
The justices threw out a lower court’s ruling that had allowed the prosecution to proceed. They ordered the Manhattan-based 2nd U.S. Circuit Court of Appeals to reconsider Halkbank’s effort to dismiss the case.
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