Iran News ...


Part of Iran's frozen assets in U.S. released - Daily

Tehran, Feb 1, IRNA -- The United States released frozen assets of Iran's Interests Section in Washington, which only account for a portion of the whole assets, the English-language paper Iran Daily wrote on Saturday.

A US Federal Court judge blocked the Interests Section's assets on December 19, 2002, following a complaint filed against the Islamic Republic by a former American hostage in Lebanon.

The court, which accused the Islamic Republic of supporting the Lebanese resistance group Hezbollah, also ordered Iran to pay $185 million to the complaint in compensation.

The unnamed former American hostage informed the court that Iran's Interests Section in Washington had opened a banking account under the name of Pakistan Embassy.

However, the court did not hesitate to block the account.

The Iranian Foreign Ministry followed up the case seriously through the Pakistani Foreign Ministry, Iran's Interests Section in Washington and its lawyers.

... Payvand News - 2/1/03 ... --

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