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Bank Mellat

Bank Mellat latest

The bank says the UK government also lobbied other international authorities to impose financial restrictions, leading to “copycat” sanctions being introduced by the United Nations, the European Union and others.
June 19th, 2019 - 10:53 GMT

After a Decade of Negotiations, UK Settles $1.6 Billion Damages Claim by Iranian Bank

The UK government has reached an agreement with Bank Mellat to settle a $1.6-billion damages claim brought by the Iranian bank after 10 years of negotiations. {"preview_thumbnail":"https://cdn.flowplayer.com/6684a05f-6468-4ecd-87d5-a748773282a3/i/v-i-7…","video_id":"777c29d9-a67c-496e-a36a-a40103e1a65a","player_id":"8ca46225-42a2-4245-9c20-7850ae937431","provider":"flowplayer","video":"Best Banks in the Arab World 2019"} The UK and Bank Mellat settled the London lawsuit for an undisclosed sum, a spokesman for law firm Zaiwalla & Co., which represented the Iranian side, said in a statement. The undisclosed settlement to Bank Mellat came ...
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