US charges Turkish bank with evading sanctions against Iran

Times of Israel | Oct 16, 2019 at 5:14 PM
  • The United States has criminally charged a major Turkish bank with helping Iran evade sanctions against it, potentially raising diplomatic tensions as the US tries to contain Turkey’s military offensive in Syria.
  • Halkbank illegally moved about $20 billion worth of otherwise restricted Iranian funds.
  • The charges bring fresh attention to the role Giuliani played in the case as he teamed with Michael B. Mukasey, a former US attorney general in President George W. Bush’s administration, to meet with Trump administration officials and Turkey President Recep Tayyip Erdogan.