25 Apr 2024
Tehran, May 6, IRNA - Tehran's Interim Friday Prayers Leader Kazem Sediqi condemned seizure of Iranian assets by US, saying Iran reserves the right to retake its investment in the US Stock Exchange.

The Friday prayers leader said in second sermon of his prayers the US proceeded with hostility toward Iran over the past three decades, adding that the Islamic Republic of Iran will take necessary measures with the United Nations to retake its funds.

Iran will not agree to US excessive demands and will counter its deception, Sediqi noted.

The US court decided to misappropriate $2 billion of Central Bank of Iran Investment in the US stock market to the families of the victims of a 1983 bombing in Beirut.

Iranian Foreign Minister Mohammad Javad Zarif protested to the United Nations Secretary-General Ban Ki-moon to exercise his good offices to retake Iranian CBI investment in the US Stock Exchange.
He said that Iran doesnt recognize the ruling, adding that it runs counter to the International Law and that the US court violated immunity of a sovereign state by such a ruling.

Zarif said that Immunity of the Sovereign States is the pillar of the International Law enshrined by the Charter of the United Nations and infringing on the investment of the Central Bank of Iran violated immunity of the Iranian government.

In 2012, the US Congress passed a law that specifically directed the US-based Citibank to misappropriate the Iranian Central Bank of Iran investment in the US Stock Exchange to families of victims of the Beirut bombing.

Iran protested to the US Congress over trampling upon jurisdiction of the US courts over the case. Tehran has ruled out the accusations about the 1983 Beirut bombing and said that the Islamic Republic of iran has nothing to do with civil war in Lebanon dating back to 1980s.

By IRNA
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