Zamaneh Media
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise
No Result
View All Result
Zamaneh Media
No Result
View All Result

Iranian bank wins court victory over British sanctions

by Zamaneh Media
June 20, 2013
in Latest Articles
Reading Time: 1min read
0
Iranian bank wins court victory over British sanctions

Britain’s Supreme Court has quashed sanctions imposed on Iran’s Bank Mellat since 2009 over alleged links to the country’s disputed nuclear program.

The ruling of the British court echos a ruling in January by the EU General Court overturning sanctions imposed on the bank since 2010.

The Supreme Court Judge Jonathan Sumption said the British government’s actions were “arbitrary”, “irrational” and “disproportionate” in singling out Iran’s largest private bank, Bank Mellat.

A senior partner at the bank’s law firm was quoted as saying: “Today's ruling is a victory for the rule of law as much as it is for Bank Mellat.”

The sanctions barred the British financial sector from having any business transaction with the bank. The bank still continues to face sanctions imposed on it by the United States.

The rulings by the British and EU courts have put the bank in a position to sue the British government for damages.

Previous Post

Former president calls on Supreme Leader to help Rohani

Next Post

Chalk Flowers

Related Posts

Veiled Identity
Latest Articles

Veiled Identity

February 22, 2021
Untold Stories from Encyclopaedia Iranica: Interview with Abbas Amanat
Latest Articles

Untold Stories from Encyclopaedia Iranica: Interview with Abbas Amanat

February 11, 2021
November 2019: Which security and militia institutions started violence and shot people?
Latest Articles

November 2019: Which security and militia institutions started violence and shot people?

January 8, 2021
Encyclopedia Iranica “A real tour de force” is in Peril
Latest Articles

Encyclopedia Iranica “A real tour de force” is in Peril

December 24, 2020
The US Election and the Iranians’ Views: a Reflection of the Hatred for the IRI
Latest Articles

The US Election and the Iranians’ Views: a Reflection of the Hatred for the IRI

November 3, 2020
Invitation to Reflect on a Beheading
Latest Articles

Invitation to Reflect on a Beheading

November 2, 2020

RSS Iran in other media

  • Twenty-four hours of Iran’s total war in Yemen, Iraq and Syria - The Jerusalem Post
  • Iranian expats targeted as drug mules - Yahoo News Australia
  • Deadly consequences of indulging Iran's hostage diplomacy - Arab News
  • Israel says initial assessment is Iran behind explosion on Israeli-owned ship - Reuters
  • Iran condemns U.S. airstrikes in Syria and denies attacks in Iraq - CNBC
  • Iraqi interpreters face death threats from Iranian-backed militias - Arab News
  • They dream of reaching America. Their forced service in Iran’s Revolutionary Guard locks them out. - The Washington Post
  • Iran expects 250,000 doses of vaccine from China - RochesterFirst
  • Internet disruption reported in southeast Iran amid unrest - Seattle Times
  • Social media fight spreads in Iran as women seek to regain international travel rights - ABC News
Zamaneh Media

© 2020 Zamaneh Media

More information

  • Sponsors
  • Donate
  • About us
  • Contact us
  • Legal

Follow Us

No Result
View All Result
  • Latest Articles
  • Latest News
  • About Zamaneh Media
    • Exiled Media Report
    • Sponsors
    • Donate
    • Contact us
    • Legal
  • Advertise

© 2020 Zamaneh Media