January 12, 2018 / 6:30 AM / a year ago

Turkey's Simsek says Halkbank will pay any U.S. fine -Hurriyet

ISTANBUL, Jan 12 (Reuters) - 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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