NEW YORK, May 5 (Reuters) - Turkey's Halkbank
asked the U.S. Supreme Court to review a lower court ruling
saying it can be prosecuted for allegedly helping Iran evade
American sanctions, a U.S.-based lawyer for the bank said on
Monday.
The Supreme Court had given Halkbank until Monday to file a
petition appealing the October 22, 2024, decision by the 2nd
U.S. Circuit Court of Appeals in Manhattan allowing the
prosecution.
In a letter to the appeals court, Halkbank's lawyer Robert
Cary said the bank has filed the petition. The petition was not
available on the Supreme Court's website. Cary did not
immediately respond to a request for comment.
Halkbank pleaded not guilty to fraud, money laundering and
conspiracy charges over its alleged use of money servicers and
front companies in Iran, Turkey and the United Arab Emirates to
evade sanctions.
U.S. prosecutors said Halkbank helped Iran secretly transfer
$20 billion of restricted funds, converted oil revenue into gold
and cash to benefit Iranian interests, and documented fake food
shipments to justify transfers of oil proceeds.
Brought in 2019, the case has been a thorn in
U.S.-Turkey relations, with Turkish President Tayyip Erdogan
calling it an "unlawful, ugly" step.
The countries' ties have soured in the last decade, amid
disagreements on Syria, Ankara's ties with Moscow and other
matters.
But on Monday, Erdogan and U.S. President Donald Trump each
said they had a very productive phone call earlier in the day,
and had invited each other to their respective countries.
Halkbank's case is making a second trip to the Supreme
Court.
In 2023, that court said Congress' desire to shield foreign
countries and their instrumentalities from civil liability under
the federal Foreign Sovereign Immunities Act of 1976 did not
cover criminal cases.
But in a 7-2 decision, it said the 2nd Circuit should more
fully review whether common law immunity shielded Halkbank,
leading to last October's ruling.