May 01, 2016 08:22 UTC
  • US court ruling on Iran frozen assets threat to intl. law: Official

First Vice Speaker Parliament Mohammad Hassan Aboutorabi-Fard on Sunday said that the baseless ruling by the Supreme Court of the United States authorizing the seizure of about USD 2 billion of Iran’s frozen assets in the US is a serious threat to international law.

According to Press TV, he said: "The US must know that as it has experienced the bitter taste of defeat in all areas of confrontation against the Islamic Republic of Iran, it will experience a heavy defeat in this area as well."

The lawmaker added that the great Iranian nation would strongly confront Washington’s illegal move and restore its rights in the best possible way.

The US Congressmen and some other statesmen think that they are living in the “Stone Age” and that they can confiscate other nations’ interests on the strength of their military power to serve their own “illegitimate” interests, the he said.

On April 20, the US Supreme Court ruled that about USD 2 billion in frozen Iranian assets must be turned over to American families of people killed in the 1983 bombing of a US Marine Corps barracks in the Lebanese capital of Beirut and other attacks blamed on Iran. The Islamic Republic has denied any role in the attack.

The money confiscated under the US court ruling belongs to the Central Bank of Iran (CBI). The assets have been blocked under US sanctions.