Tagged: Ali Divandari

EU Removes Iran’s Bank Mellat from Sanctions List

EU Removes Iran’s Bank Mellat from Sanctions List

Managing-Director of Bank Mellat Ali Divandari announced that his bank has been removed from the European Union’s sanctions list. The EU Council had listed Bank Mellat and its then-chairman Dr Divandari in the designated list in July 2010 on the basis …

EU court annuls sanctions on Iranian Bank Mellat

EU court annuls sanctions on Iranian Bank Mellat

The European Court of Justice annulled the European Union (EU) sanctions imposed against the Iranian Bank Mellat in July 2010. According to the bank’s Managing-Director Ali Divandari, the Court also required the EU to cover the costs of legal procedure…