"Britain's Supreme Court on Wednesday quashed government sanctions that had been imposed on Bank Mellat, Iran's largest private bank, due to its alleged links to Tehran's disputed nuclear programme.
The judges found the 2009 Treasury directive was "irrational" and "disproportionate". "I conclude that that it was unlawful," judge Jonathan Sumption wrote in a majority ruling.
The Treasury said it was disappointed but noted the order had been superceded by an European Union asset freeze on the bank, which remained in place."
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