UK Supreme Court quashes demonstrably "irrational" "disproportionate" and "unlawful" Govt. sanctions on Iranian commercial bank.

Press TV: Britain's Supreme Court has overturned a ruling against Iran's Bank Mellat over its alleged links to Tehran's nuclear energy program.

On Wednesday, the highest British court ruled that the UK government was wrong to have imposed sanctions on the Iranian bank in 2009, and that the Treasury directive was "irrational" and "disproportionate."

"I conclude that it was unlawful,"
Judge Jonathan Sumption wrote in a majority ruling.

Giving their verdict, Supreme Court judges also heavily criticized the secret hearing. They said it had no point - and included no significant information of use. The win in the UK echoes the verdict in a European court that EU sanctions on Bank Mellat are illegal. The EU is, however, appealing that decision. Source