Turkey’s Simsek says Halkbank will pay any US fine – Hurriyet

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Turkish Deputy Prime Minister Mehmet Simsek said Halkbank itself will pay any fine imposed by the United States after a U.S. jury convicted a Halkbank executive of helping Iran evade U.S. sanctions, Hurriyet newspaper reported on Friday.

A street vendor sells roasted chestnuts in front of a branch of Halkbank in central Istanbul, Turkey, January 10, 2018. REUTERS/Murad Sezer

ISTANBUL: Turkish Deputy Prime Minister Mehmet Simsek said Halkbank itself will pay any fine imposed by the United States after a U.S. jury convicted a Halkbank executive of helping Iran evade U.S. sanctions, Hurriyet newspaper reported on Friday.

“If Halkbank receives a fine, Halkbank will pay this. We will not borrow for Halkbank,” Simsek, who is responsible for the Turkish Treasury, was cited as saying by Hurriyet.

(Reporting by Orhan Coskun; Writing by Daren Butler; Editing by David Dolan)



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