NRI lawyer wins Iran bank case in British Supreme Court

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Mumbai-born Parsi lawyer Sarosh Zaiwala on Wednesday notched a remarkable success in a bank case in the British Supreme Court, with major ramifications on the international banking system, an official said.

By the court verdict, the British government’s sanctions on Iran’s largest private bank, Bank Mellat, were lifted after the its security service’s “Secret Court” failed to produce significant evidence in the matter – which has been widely followed in the international banking circles.

(Source:IANS)

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