07:37 GMT +321 September 2019
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    A money changer poses for the camera with a US dollar (R) and the amount being given when converting it into Iranian rials (L), at a currency exchange shop in Tehran's business district, Iran, in this January 20, 2016 file photo

    Iran to Sue US at UN Court for Refusal to Return $2 Bln in Frozen Funds

    © REUTERS / Raheb Homavandi/TIMA/Files
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    Tehran has prepared a lawsuit against the US over its refusal to return $2 billion in frozen Iranian assets, Fars news agency reported.

    “We have taken all necessary steps to prevent the theft of Iranian assets, and the Iranian government will shortly file a pertinent lawsuit against the US with the UN Court in Geneva,” Iranian Foreign Minister Mohammad Javad Zarif told lawmakers in Tehran.

    Mr. Zarif stressed that Iran did not recognize US court rulings concerning the Islamic Republic.

    Earlier, the Iranian parliament obliged the government to demand damages for the US Supreme Court's decision to use the $2 billion in frozen Iranian money as compensation to the families of Americans whose relatives died in the 1983 truck bombing of a US Marine base in Beirut and other terrorist attacks.

    In 1984, the United States designated Iran as a state sponsor of terrorism, accusing Tehran of funding and arming terrorist groups.

    Related:

    Iran Vows to Reclaim $2Bln Worth of Frozen Assets in US Through Hague Court
    What’s Behind US Claims of Iran’s Alleged Sponsorship of Terrorism
    Tags:
    terrorism, theft, lawsuit, frozen assets, UN Court of Arbitration, Mohammad Javad Zarif, Iran
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