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EU court annuls asset freeze on Syria International Islamic Bank

Wednesday, 11 June 2014 - 1:50pm IST | Agency: Reuters

The European Union General Court said on Wednesday it had annulled an asset freeze imposed by the EU on Syria International Islamic Bank.

The court said the EU had failed to prove that transactions carried out by the bank "involve a particularly high risk that the money comes from the Syrian regime."

(Reporting by Adrian Croft; editing by Luke Baker)

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