Apr 28, 2022 18:40 UTC
  • Iran definitely collected UK payment to settle historic debt: CBI

Iran has rejected media reports claiming that Tehran has yet to receive a payment made by the United Kingdom last month to settle a historic debt.

According to Press TV, spokesman of the Central Bank of Iran (CBI) said on Thursday that the bank has had full access to London’s £390 million payment to settle a 40-year-old debt related to an unfulfilled military contract.

Mostafa Ghamari Vafa rejected a Wednesday report by the Guardian newspaper which claimed that the funds have remained blocked in a bank account in Oman, the country which has mediated in diplomatic disputes between Iran and Western powers.

“Despite the claim by the Guardian paper, the sum of £390 million has been definitely and fully collected by the CBI and there is no problem in using these foreign exchange resources,” Ghamari Vafa said in a post on his Persian Twitter account.

The payment by the UK in mid-March included the interests that had accrued on the debt for more than four decades.