Iran's CB Dismisses Bahrain Court Ruling

The Central Bank of Iran condemned a Bahraini court verdict convicting Iranian banks for alleged money laundering saying that it “lacks legal basis”. 
In a press release posted on the CBI website, Morteza Etebari, head of the bank’s legal affairs de…

The Central Bank of Iran condemned a Bahraini court verdict convicting Iranian banks for alleged money laundering saying that it "lacks legal basis".  In a press release posted on the CBI website, Morteza Etebari, head of the bank’s legal affairs department, said the Bahraini move was "...