Britain's Supreme Court has quashed sanctions against an Iranian bank penalized over its alleged links to Iran's nuclear weapons program, saying Bank Mellat had been arbitrarily singled out.
June 21, 2013 at 09:44 AM
1 minute read
The original version of this story was published on Law.Com
Britain's Supreme Court quashed sanctions against an Iranian bank penalized over its alleged links to Iran's nuclear weapons program, saying Wednesday that Bank Mellat had been arbitrarily singled out.
The U.S. Treasury Department slammed the ruling as mistaken and warned that Bank Mellat remains under American sanctions.
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