Hard News

Iran Lodges Complaint to ICJ over US Seizure of Assets: President

Iranian President Hassan Rouhani said the country has officially lodged a complaint with the International Court of Justice to reclaim nearly $2 billion in assets seized by the US government.

“The government of the Islamic Republic of Iran has officially filed a complaint against the US to the International Court of Justice for the confiscation and theft of $2 billion of the property of the Central Bank of Iran (CBI),” Rouhani said Wednesday at an iftar (fast breaking) function in Tehran.

Tehran has also called on the international body to condemn the anti-Iran move by Washington and demanded compensation for the damages, he noted.

“We should not remain silent in the face of the incident,” president Rouhani said, adding that Iran’s complaint with the International Court of Justice was filed on Tuesday.

He further made assurances that his administration will pursue the complaint until it yields results.

Speaking at a cabinet meeting in Tehran back in April, President Rouhani had denounced the US Supreme Court ruling on seizure of Iran’s blocked assets as “a blatant robbery and a major legal scandal for the US”, saying the move is indicative of Washington’s continued hostilities toward the Iranian nation.

“They (the Americans) should be aware that the rights of the Iranian people cannot be violated and plundered,” he said at the time, adding, “No thief can take pride in his theft and think what he has stolen belongs to him.”

On April 20, the US Supreme Court upheld the Congress and President Barack Obama’s actions to hold Iran financially responsible for the 1983 bombing that killed 241 Marines at their barracks in the Lebanese capital, Beirut.

The ruling allows the families of the Marines and victims of other attacks that courts have linked to Iran to seize some $2 billion in assets held in New York’s Citibank, belonging to the CBI, which has been blocked under US sanctions.

In 2012, the US Congress passed a law that specifically directed the American bank to turn over the Iranian assets to victims’ families. Obama also entered the battle in an effort to force the payments on Iran.

Emad Askarieh

Emad Askarieh has worked as a journalist since 2002. The main focus of his work is foreign policy and world diplomacy. He started his career at Iran Front Page Media Group, and is currently serving as the World Editor and the Vice-President for Executive Affairs at the Iran Front Page (IFP) news website.

Recent Posts

Too early to predict future of Syria: Iran FM

It is “too early” to make any predictions for Syria’s future as there are a…

14 hours ago

President Pezeshkian calls for Support for Palestine in Message to Pope

In a message to the Pope on Christmas Day, Iranian President Masoud Pezeshkian has urged…

15 hours ago

Iranian company unveils vacuum distillation device for oil product quality measurement

An Iranian knowledge-based company has developed a vacuum distillation device that is now being used…

18 hours ago

Christmas spirit in Tehran

As the New Year 2025 approaches, a warm and festive atmosphere envelops Iran’s capital of…

19 hours ago

Iranian president meets Christians, urges solidarity

Iranian President Masoud Pezeshkian has expressed solidarity with Christians, highlighting endeavours for peaceful coexistence in…

19 hours ago

Israel provides full support for theft of humanitarian aid to starve Gazans: Report

Israel has provided full support for the theft of humanitarian assistance, killing security personnel to…

19 hours ago