- Iranians holding Ashura mourning for Imam Hussein
- Third step: Iran officially informs EU of plan to expand nuclear R&D
- Iran expands nuclear R&D program: Rouhani
- Iran goes ahead in space tech, despite US sanctions: ISA
- Resistance Front undermining Israeli regime power: Top commander
- Iran: 7 crew members of detained UK ship freed
- US addiction to sanction threaten its power: Iran’s Zarif
- Dutch role in 2007 Stuxnet attack on Iran’s nuclear site under scrutiny: Iraian FM Spox.
- Iran: ‘Sustainable Security 2019’ kicks off in Caspian Sea
- Iran’s Zarif leaves Tehran for Moscow
- Shiraz University ranked 1st in liver transplantation: Iranian health official
- Japan’s Abe to meet Iran’s president to discuss easing tension in region
- Downing of US spy drone shattered war threats against Iran: Top IRGC commander
- IAEO head reports development of first ion-therapy hospital in west of Asia
- Iranian Taekwondo team wins 2019 World Cup championship
- US sanctions failed to force Iran to buckle: Report
- Crew fixing Iran oil tanker broken down in Red Sea
- As Iranians hold nerves, US seeks to scare off trade
- Leader expresses concern about Kashmir, urges India to follow fair policy toward Muslim-majority region
- Iran saffron exports down due to smuggling, government restrictions: Exporter
- Iran FM warns US against ‘serious miscalculation’ in Persian Gulf
- Iran’s resistance policy led to release of oil tanker: MP
- Iran in reverse brain drain as top students come home in rising numbers
- Iran official calls for compensation for tanker seizure
- Iran hails N Korea for standing against ‘unilateral’ US demands
- Shia Muslims celebrate Eid Al-Ghadir
- North Korea praises Iran’s anti-US struggle
- Zarif says to meet French president Friday
- Iranian court hearing case of UK oil tanker
- Over half of Japanese voters oppose joining US-led anti-Iran coalition in Persian Gulf: Poll
- IME trade ups by 21 percent in July
- Finland backs INSTEX in defiance of US
- US anti-Iran policy in high seas harms Europeans: LA Times
- Iran, China confer on Syria
- Iran, Finland share views on Persian Gulf dialogue forum: Zarif
- Iran warns US against seizure of oil tanker
- Iraq eager to benefit from Iranian Police’s experience
- Iran planning 3rd step to reduce nuclear commitments: Spokesman
- Leader grants clemency to over 1,000 Iranian inmates
- Registration for Arbaeen Pilgrimage to begin in Iran on Friday
- Iran, Iraq agree to reopen Khosravi border crossing
- Iran deplores suicide attack at Kabul wedding hall
- Iran to hold int'l hand-woven carpets expo
- Zarif meets with Iran-Kuwait Friendship Group members
- Adrian Darya oil tanker not under any sanctions, says Iran envoy
- ‘Iran to stay in nuclear deal as long as its interests are met’
- India envoy happy with positive trend of trade with Iran
- Iran’s annual export of white meat tops 2.5m tons: Minister
- Iranian scientist discovers new state of matter
- Iran, Japan diplomats discuss bilateral ties
- Iran, Ansarullah, European representatives Yemen developments
- ‘Iran to become self-sufficient in producing aircraft engines'
- US issues seizure warrant for Iranian supertanker 'Grace 1'
- Neanderthal tooth unearthed near Iran’s Zagros mountain
- Iran’s Zarif due in Kuwait on Saturday
- US faces humiliating defeat after Gibraltar releases Iranian tanker: Envoy
- Spokesman rejects claim on Iran’s commitment in exchange for tanker release
- Zarif reacts to release of Iranian tanker in Gibraltar
- Israel, UAE engaged in secret talks on Iran arranged by US: Report
- US threatens visa ban as Iranian-operated tanker sets to sail from Gibraltar
- Enemies must factor Iran's global power in their calculations: IRGC's chief commander
- Trump’s administration conflicting messages to Iran baffle go-betweens: Report
- Gibraltar releases Iran-operated tanker despite US pressure
TEHRAN, January 20 - The Central Bank of Iran (CBI) is reportedly suing a subsidiary of German stock-exchange operator Deutsche Borse for holding $4.9 billion of Iranian assets.
TEHRAN, Young Journalists Club (YJC) - Deutsche Borse said Friday the CBI had filed a complaint against Clearstream at a court in Luxembourg where the post-trade services provider is based.
Deutsche Borse said Iran’s central bank wants Clearstream and Italian bank Banca UBAE SpA to return its assets plus interest in addition to damages worth the same amount.
The assets sought reportedly include about $1.9 billion which Clearstream has turned over to the US to “compensate” around 1,000 Americans claiming damage from Iran over a 1983 bombing in Beirut and another attack in 1996 in Saudi Arabia.
The CBI further seeks around $2 billion in customer assets which are held at Clearstream and are subject to similar appropriation in the US and Luxembourg.
The US Supreme Court ruled in April 2016 that about $2 billion in frozen Iranian assets must be turned over to American families of people killed in the 1983 bombing of a US Marine Corps barracks in the Lebanese capital and other attacks which Iran has long rejected any role in.
After the US court ruling, President Hassan Rouhani said Iran had filed a lawsuit against the United States at the International Court of Justice (ICJ) demanding compensation over the seizures.
Iran's Foreign Minister Mohammad Javad Zarif has described the seizure of Iran's frozen assets as “highway robbery,” saying the Islamic Republic will retrieve them anyway.
“It is a theft. Huge theft. It is highway robbery. And believe you me, we will get it back,” he has said.
Iranian officials have also lashed out at the US justice, saying it was the same system which in March 2016 held Iran liable for damages in the 9/11 terror attacks, ordering Tehran to pay $11 billion in compensation to the families of the attack victims.
"These cases cannot stand in any serious civilized court of law. When a US court condemns Iran for 9/11, it finishes the credibility of the US justice system when it comes to Iran," Zarif has said.
State officials and international observers have said the US is setting a bad precedent with such rulings since people can legislate in other countries to confiscate American assets. They have cited US crimes committed against Iranians, Vietnamese, the people of Afghanistan, Iraq and many others.
"Can they legislate in their own countries that for every collateral damage suffered because of American bombing, for every person who was tortured by the Savak, which was created by the United States, those people can claim money from the United States and go confiscate it? Would you be willing to accept it?” Zarif said.
Savak was the intelligence service of the deposed Shah’s regime in Iran, which was a close ally of the United States.
Source: Presstv
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