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Iran: Partial win for Bank Mellat
A judge at the High Court in London has ruled the UK government must disclose some previously secret material used to justify sanctions on Bank Mellat, in a partial victory for the Iranian bank. Bank Mellat’s passage through the British courts has made fitful progress since it was caught by sanctions imposed in 2009 under the Financial Restrictions (Iran) Order. This had a severe impact on the bank’s business in the UK and internationally.
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