Brussels, 09/07/2009 (Agence Europe) - In a ruling made on Thursday 9 July, the Court of First Instance declared that it was justifiable for the Council of the EU to include the Melli Bank on the list of entities recognised as participating in nuclear proliferation or those owning or controlling them. The Melli Bank is the 100% Bank Melli Iran (BMI) controlled British subsidiary, which is itself controlled by the Iranian state.
According to the arguments put forward by Melli Bank, the...