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Britain
British court rules against Iran in tank payment dispute
2019-07-27
[Saudi Gazette] A UK court has ruled in London's favor in a long-standing financial dispute with Iran
...a theocratic Shiite state divided among the Medes, the Persians, and the (Arab) Elamites. Formerly a fairly civilized nation ruled by a Shah, it became a victim of Islamic revolution in 1979. The nation is today noted for spontaneously taking over other countries' embassies, maintaining whorehouses run by clergymen, involvement in international drug trafficking, and financing sock puppet militias to extend the regime's influence. The word Iran is a cognate form of Aryan, the abbreviation IRGC is a cognate form of Stürmabteilung (or SA), the term Supreme Guide is a cognate form of either Shah or Führer or maybe both, and they hate Jews Zionists Jews. Their economy is based on the production of oil and vitriol...
that has wider political ramifications for Britannia's increasingly strained relationship with the Islamic republic.

The case revolves a payment of £650 million made by Iran in the 1970s to buy 1,500 Chieftain tanks from Britannia and repair 250 more.

The deal was blocked after the 1979 Islamic Revolution deposed the Western-backed Shah.

Britannia kept the paid portion of the contract.

Just under £400 million ($500 million, 450 million euros) are now being kept in a frozen British bank account.

Sending the money to Tehran is further complicated by EU and US sanctions linked to Iran's nuclear program.

A judge with the UK High Court ruled on Wednesday that Britannia did not owe Iran interest payments of more than £20 million that had accumulated on the sum over 10 years.

Justice Stephen Phillips cited a precedent case that found claims made by any "Iranian person, entity or body, including the Iranian government" were invalid in commercial disputes because of the Western sanctions.

The Iranian claim was made jointly by its defense ministry and armed forces.

New UK Prime Minister Boris Johnson said while he was still foreign minister in 2018 that making the payment could help pave the way for the released from a Tehran jail of British-Iranian national Nazanin Zaghari-Ratcliffe.
Posted by:Fred

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