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UK Supreme Court hears Iranian bank appeal

UK Supreme Court hears Iranian bank appeal

An Iranian bank penalized by the U.K. because of its alleged links to Iran's nuclear weapons program is taking its case to the highest court in Britain.
Bank Mellat, a privately owned commercial bank, is trying to overturn a 2009 order by the U.K. Treasury barring it from operating in the country. The bank was shut out of the British financial sector because it allegedly helped finance Tehran's nuclear program.
The High Court issued a secret ruling in 2010. The bank argues that the Treasury order was unlawful and that Mellat should have a chance to read the judgment.
The case was brought Tuesday in front of nine judges sitting at the Supreme Court. The hearings are expected to last three days.


Updated : 2021-04-14 10:54 GMT+08:00