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Iran's ex-president Ahmadinejad may be brought to trial

Politics Materials 11 May 2016 12:50
Iranian President Hassan Rouhani has plans to get judiciary to probe into an allegation accusing former President Mahmoud Ahmadinejad’s government of failing to safeguard the country’s assets in a US bank
Iran's ex-president Ahmadinejad may be brought to trial

Baku, Azerbaijan, May 11

By Farhad Daneshvar - Trend:

Iranian President Hassan Rouhani has plans to get judiciary to probe into an allegation accusing former President Mahmoud Ahmadinejad's government of failing to safeguard the country's assets in a US bank.

Addressing a press conference in Kerman Province President Rouhani said he had set up a working group to prepare a report on the issue of the confiscation of Iran's assets worth $2 billion in the US, Iran's news TV channel IRINN aired live.

On Apr. 20, a US court ruled that $2 billion of Iranian assets had to be turned over to the families of the American victims of a 1983 bombing in the Lebanese capital of Beirut, and other attacks blamed on Iran.

The report has been prepared and it will be introduced to the public as well as Iran's judiciary to investigate the issue, he added.

According to Iranian officials, a decision by the former government in 2008 to purchase the dollar denominated securities is among the issues paving the way for the assets' confiscation.

Although the former administration knew that the US was posing a real risk to the assets held in the American banks, the officials of the former government of the Islamic Republic failed to pullout Iran's assets from the US banks or sell the US dollar denominated securities, Rouhani said.

While the country was facing serious allegations over backing terrorism which led to the assets confiscation, the former administration had 10 months in 2008 to take out assets from American banks, he added.

He further added that the country will also sue the US in the International Court of Justice describing the US court decision as "illegal".

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