Iran’s central bank said Sunday it will appeal Luxembourg’s decision to freeze $1.6 billion of its assets, which the US is claiming as compensation for victims of the September 11, 2001 attacks. The bank also said it would take steps to curb its remaining transactions in dollars, which it still receives particularly for oil sales. … Read more
A Luxembourg court on Wednesday denied a demand by Tehran to repatriate $1.6 billion of Iranian assets claimed by the US as compensation for the victims of the September 11, 2001 attacks. The judge ruled that the assets could remain frozen in the small EU nation for now, awaiting a separate judgment on the details … Read more
Iran said Tuesday it was “completely unfair” for US lawyers to try to seize its overseas assets as compensation for the victims of September 11, 2001. In 2012, a New York judge ordered Iran to pay $7 billion in damages to the families and estates of victims from the 2001 attacks, arguing the country had … Read more