Iran accuses America of confiscating assets in international court ...Middle East

Business Standard - Economy
source : Business Standard ( Middle East ) () 19
Iran told the United Nation's highest court on Monday that Washington's confiscation of some USD 2 billion in assets from Iranian state bank accounts to compensate bombing victims was an attempt to destabilise the Iranian government and a violation of international law. In 2016, Tehran filed a suit at the International Court of Justice after the US Supreme Court ruled money held in Iran's central bank could be used to compensate the 241 victims of a 1983 bombing of a U.S. military base in Lebanon believed linked to Iran. Hearings in the case opened Monday in the Hague-based court, starting with Iran's arguments. The proceedings will continue with opening statements by Washington on Wednesday

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