Global Investigations Review - The law and practice of international investigations

DOJ demands Halkbank pay $1 million per day for contempt

By Sam Fry

22 January 2020

DOJ demands Halkbank pay $1 million per day for contempt Istanbul, Turkey (Credit: iStock.com/ugurhan)

US prosecutors have asked a New York judge to impose daily penalties against Halkbank for refusing to answer charges linked to a multibillion-dollar sanctions evasion scheme.