December 7, 2018 / 11:31 AM / 6 months ago

Turkey's Erdogan says there are positive developments on Halkbank case in U.S.

Turkish President Tayyip Erdogan speaks during a news conference after an agreement-signing ceremony between Turkey and Venezuela at Miraflores Palace in Caracas, Venezuela December 3, 2018. REUTERS/Manaure Quintero

ANKARA (Reuters) - Turkish President Tayyip Erdogan said on Friday there were positive developments on the case of Turkey’s state-owned lender Halkbank, adding that Ankara hoped for a positive outcome on the case.

Earlier on Friday, state-owned Anadolu news agency reported that prosecutors in New York had withdrawn an appeal to extend the 32-month sentence of former Halkbank (HALKB.IS) executive Hakan Atilla, who had been convicted for helping Iran evade U.S. sanctions in a case that strained ties between the NATO allies.

Erdogan was speaking to reporters in Istanbul after Friday prayers.

Reporting by Tuvan Gumrukcu and Ece Toksabay

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