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Iran hails Luxembourg court’s rejection of US asset seizure

Iran has welcomed a decision by a Luxembourg court rejecting an attempt by families of 9/11 victims to gain access to frozen Iranian assets for alleged Iranian involvement in the 2001 al-Qaeda attacks.
General view of the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal - RC1A1C4F9CB0

Iran has welcomed a decision by a Luxembourg court rejecting a US court ruling in a case involving American plaintiffs' attempts to gain access to $1.6 billion in frozen Iranian assets stemming from the September 11 al-Qaeda attacks. The Foreign Ministry hailed the decision as a new era in which the United States cannot will its way in the world.

Iranian Foreign Ministry spokesman Bahman Ghassemi, speaking to reporters about the ruling that prevented the assets' seizure, said, “This success was the result of a complaint filed by the Central Bank of Iran and cooperation between the Central Bank, the Foreign Ministry and legal advisers of the president to realize the rights of the Iranian people.” 

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