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Europe’s highest court annuls EU sanctions against Bank Mellat

Thursday, 31 January 2013

Managing Director of Bank Mellat, Ali Divandari, said  that “After two-and-a-half years of intense legal work to lift the (EU) sanctions on the bank, (the European) Court (of Justice) has ruled in favor of Bank Mellat… The Court has also required the (European) Union to cover the costs of (legal) proceedings… and found Bank Mellat deserving of receiving all legal expenses as well as compensation from the EU for losses incurred due to these sanctions.”

 
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  • Published: 5 days ago on Thursday, 31 January 2013
  • By: Iran Daily Brief
  • Last Modified: January 31, 2013 @ 3:03 pm
  • Filed Under: Economy
  • Tagged with:
  • Source(s):
    • http://www.presstv.ir/detail/2013/01/30/286378/eu-court-annuls-ban-on-iran-bank-mellat/

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