UPDATE 1-Turkey's Halkbank says Iran business complies with law
Halkbank's dealings with sanctions-hit Iran are entirely lawful, the Turkish state-run lender said on Monday after its chief executive was arrested in a corruption probe denounced by Prime Minister Tayyip Erdogan as a foreign plot. Halkbank's Iranian business ties had drawn Western disapproval amid U.S.-led efforts to curb Tehran's disputed nuclear programme. Erdogan described the police crackdown on the bank and a wider investigation last week as a foreign-engineered "dirty operation" against him. Turkey has bought natural gas and oil from ...
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