SCOTUS Rules Turkish Bank Not Immune From Prosecution in Iran Sanctions Violation Case

Supreme Court Justice Brett Kavanaugh at his confirmation hearing to serve as associate justice on the Supreme Court at the Capitol in Washington on Sept. 4, 2018. Samira Bouaou/The Epoch Times

A bank controlled by the Turkish government isn’t immune from criminal prosecution in U.S. courts for allegedly helping Iran defy U.S. economic sanctions, the Supreme Court ruled 7–2 on April 19.

Turkiye Halk Bankasi A.S., also known as Halkbank, is 75 percent owned by the Turkish Wealth Fund, which in turn is owned by the Republic of Turkey.