Key witness in US probe of Turkey's Halkbank avoids prison time

Reza Zarrab, a crucial witness in the U.S. investigation into Turkish state bank Halkbank's alleged sanctions evasion scheme involving Iran, was spared prison time after cooperating with prosecutors. Judge Richard Berman sentenced Zarrab to time served, recognizing his assistance in the ongoing case. This decision could influence the broader probe, potentially impacting international relations and economic sanctions enforcement. Zarrab's cooperation and the lenient sentence highlight the complexities and nuances in cross-border legal investigations.