...

Court cancels order to seize Iranian central bank's property in Italy

Business Materials 10 October 2018 19:13 (UTC +04:00)
The Rome Appeal Court has rejected US appeal to seize Iran`s central bank`s property valued at $5 billion, Mohsen Mohebi, Iranian presidential adviser for international law said.
Court cancels order to seize Iranian central bank's property in Italy

Tehran, Iran, Oct.10

Trend

The Rome Appeal Court has rejected US appeal to seize Iran`s central bank`s property valued at $5 billion, Mohsen Mohebi, Iranian presidential adviser for international law said, according to a message on the official website of the president of the Islamic Republic of Iran.

"Following the efforts of Iranian central bank and its lawyers in Italy, the order to seize the property of Iran’s Central Bank in Italy was canceled,” Mohebi said.

"The Rome court, based on Italian regulation, in June 2018 had been issued a garnishee order and temporarily seized all Central Bank property." he said.

Tags:
Latest

Latest