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.
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.
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.
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.
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.
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