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Update: The Halkbank arraignment anticipated for today has been adjourned until the end of the month. 🔽
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NEW: Turkey's state-run Halkbank intended to plead not guilty to a record-breaking money laundering scheme at a March 3 arraignment. Their legal team now wants to postpone until March 31, in order to obtain a document the judge requested. Background: courthousenews.com/turkeys-state-
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Note: The reason for the shake-up is logistical. Per court order, Halkbank needs written authorization to plead not guilty via their attorneys. Under Turkish law, the bank says, its board must supply that authorization. Halkbank’s next board meeting is late in the month.
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