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Bank Mellat Not Interested in Barter Deal With UK Treasury

Bank Mellat Not Interested in Barter Deal With UK Treasury
Bank Mellat Not Interested in Barter Deal With UK Treasury

Bank Mellat is not willing to barter its damage claims after winning a lawsuit against the UK Treasury in exchange for goods, CEO of the bank said. 
“We are not after bartering the (financial) claims with goods. As such conditions to do not demand that we receive goods instead of the money,” Mohammad Bigdeli said, ILNA reported.
On June 18, the UK government made a last minute deal to settle a £1.3billion ($1.6 billion) damages claim made by an Iranian bank over a UK trading ban.

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