The Central Bank of Iran (CBI), also known as Bank Markazi, has filed a suit in Luxembourg against Deutsche Boerse’s Clearstream unit seeking to recover $4.9 billion in assets plus interest, the German stock exchange operator said on Thursday. The assets, frozen on suspicion of terror financing and in part paid to victims, include $1.9 […]
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Tags: Bank Markazi, Central Bank of Iran (CBI), Clearstream, Deutsche Boerse, featured, Germany, Luxembourg, United States
Luxembourg Court denies Iran demand to Unblock Assets
By John Lee. AFP reports that a court in Luxembourg has 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 attacks. In 2012, a New York judge ordered Iran to pay $7 billion in damages to the families and […]
Freeze on Iran Assets in Luxembourg Not New: Diplomat
A judge’s ruling that has put a freeze on the Central Bank of Iran’s assets in Luxembourg dates back to the time before the onset of the nuclear negotiations between Iran and six world powers that resulted in the JCPOA, an Iranian deputy foreign minister said. Speaking to journalists in Tehran on Tuesday, Majid Takht […]