Russia Today: Iran Wins Lawsuit against Bahrain, Fines it 200 Million Euros

2021-11-26 - 11:58 p
Bahrain Mirror: Russia Today published a piece of news on its website stating that Iran won a lawsuit against Bahrain which was fined 200 million euros.
The former governor of the Central Bank of Iran, Abdel Nasser Hemmati, announced his country's victory in a lawsuit it submitted against the Bahraini government to an international court.
This came after Iran filed a lawsuit against the Bahraini government because of Bahrain's reservation on the funds of Iranian banks that had invested in the Bahraini "Future Bank".
Abdel Nasser Hemmati said: "A legal victory...After many years of effort, an international arbitration court imposed on the Bahraini government, which confiscated national banks' investments and exports in the Bahraini Future Bank for political purposes and in violation of international standards, a fine of more than 200 million euros, in addition to costs Court".
- 2023-05-18After Allocating $5 Billion Investment Fund, Is Bahrain Waiting New Saudi Support?
- 2022-09-21Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year
- 2022-09-21Abu Sa'afa Field Revenues Reach One Billion, 33 Million BD, Its Revenues Expected to Increase by 40% this Year
- 2022-09-16Bahrain's Alba Says Europe Wary of ordering Aluminium for Next Year
- 2022-09-06McLaren Records Losses up to BD52 Million Contrary to Mumtalakat Expectations