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| Europe |
| Iran to appeal seizure of 9/11 compensation money |
| 2017-03-27 |
| [IsraelTimes] Iran’s central bank says 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 says it will take steps to curb its remaining transactions in dollars, which it still receives particularly for oil sales. In response to fresh US sanctions announced since last month, "Iran has sought to limit its dependence on the dollar... this policy will continue," the bank says in a statement published by state media. A Luxembourg court last week denied Tehran’s request to retrieve the $1.6 billion frozen in the country during an earlier raft of sanctions targeting Iran’s nuclear program. US lawyers are hoping to seize the money to pay off the families and estates of victims from the 2001 attacks, after a New York judge ruled Iran was partially responsible because it allowed al-Qaeda members to travel through its territory. |
| Posted by:trailing wife |