UP

UN court rejects Iranian bid to free assets frozen by US

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
UN court rejects Iranian bid to free assets frozen by US

The United Nations’ top court on Thursday rejected Tehran’s legal bid to free up some $2 billion in Iranian central bank assets frozen by U.S. authorities to be paid in compensation to victims of a 1983 bombing in Lebanon and other attacks linked to Iran.

Axar.az reports that in a 10-5 majority ruling, the International Court of Justice said it did not have jurisdiction to rule on the Iranian claim linked to the central Markazi Bank.

The world court’s vice-president, Kirill Gevorgian, said the majority “upholds the objection to jurisdiction raised by the United States of America relating to the claims of the Islamic Republic of Iran” related to the bank.

In a complex, 67-page judgment, the world court also found that some other U.S. moves to seize assets of Iran and Iranians in the United States breached a 1955 treaty between the countries and said they should negotiate compensation. If they fail to reach a number, they will have to return to the Hague-based court for a ruling.

Date
2023.03.31 / 15:41
Author
Axar.az
See also

Marinera tanker crew to face trial

Trump lowers flags for the Congressman’s death

Britain aided the US in seizing a Russian tanker

Russia demands the release of the seized tanker crew

Zelensky cites Maduro operation as a message to Putin

Zelensky seeks long-term security guarantees from US

Kabaeva asks Putin to relocate after drone attack

US attempts to seize Russian tanker - Photo

Syrian army begins shelling SDF targets in Aleppo

Erdogan highlights aggressive fight over energy and trade

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla