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Midweek Roundup: Halkbank Denies Wrongdoing After CEO’s Arrest, Pentagon Investigates Supplier for Sanctions Violations, and More
printTurkiye Halk Bankasi AS, or Halkbank, denied wrongdoing related to its processing of payments on behalf of businesses exporting gold to Iran, Bloomberg reported. Turkish authorities arrested the state-run bank's chief executive officer, the sons of three cabinet ministers and dozens of others in probes of alleged money laundering, gold smuggling and corruption. More The Pentagon is investigating one of the largest suppliers to the U.S. military in Afghanistan for possible violations of Iran sanctions, The Wall Street Journal reported, citing Defense Department officials. The newspaper previously reported that Anham FZCO relied on the Iranian port of Bandar Abbas to...
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