Court conference in US case against Turkey's Halkbank scheduled on Tuesday
Published on March 3, 2026.
A court conference in the US case against Turkey's Halkbank is set to take place in Manhattan federal court. The case is unrelated to current tensions in the Middle East and is expected to shed light on the next steps in the case. Prosecutors allege that Halkbio secretly transferred $20 billion of restricted funds to Iran and documented fake food shipments to justify these transfers. The court ordered the 2nd U.S. Supreme Court of Appeals to review whether Halkbi's immunity under centuries-old common law protects the bank.
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