US judge formally dismisses case against Turkish public lender Halkbank

US judge formally dismisses case against Turkish public lender Halkbank

A U.S. federal judge officially ended the protracted case against Turkey's Halkbank, which had been accused of violating U.S. sanctions on Iran. The judge's decision came after Halkbank fulfilled certain conditions as part of a settlement. This dismissal is significant as it clears a major legal hurdle for the Turkish lender and reflects the complexities of international sanctions and diplomacy. The case had strained U.S.-Turkey relations and involved high-profile arrests and legal battles.

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