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Iranian parliament rejects bill on confiscation of US properties

Politics Materials 17 May 2016 16:43
Iranian MPs have rejected a draft bill proposed by hardline MP Hamid Rasaei on the confiscation of the US properties in the Persian Gulf
Iranian parliament rejects bill on confiscation of US properties

Baku, Azerbaijan, May 17

By Khalid Kazimov - Trend:

Iranian MPs have rejected a draft bill proposed by hardline MP Hamid Rasaei on the confiscation of the US properties in the Persian Gulf.

Hamid Rasaei proposed to confiscate US properties in the Persian Gulf in retaliation for a decision by a US court on the seizure of Iran's assets, ISNA news agency reported.

A US court ruled April 20 that $2 billion of Iranian assets frozen in a US bank account 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 confiscated money belongs to the Central Bank of Iran (CBI). The assets have been previously blocked under the US sanctions.

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