Families of 9/11 victims look to seize Iran assets in Britain
Source: Reuters
AUGUST 1, 2018 / 2:04 AM / UPDATED 7 HOURS AGO
Jonathan Saul, Parisa Hafezi
LONDON/ANKARA(Reuters) - An English court has cleared the way to consider whether it will allow the families of some of those killed in the Sept. 11, 2001 attacks on the United States to make a claim on Iranian assets in Britain.
The relatives want the English High Court to enforce a 2012 decision by a U.S. court which found there was evidence to show that Iran provided “material support and resources to al Qaeda for acts of terrorism”. The militant group carried out the attacks.
The New York court awarded the plaintiffs damages of over $7 billion. Iran denies any links to Al Qaeda or any involvement in the 9/11 attacks.
If the English court agrees to enforce the ruling, it could clear the way for assets in England and Wales to be frozen or seized. Iranian assets in England include a central London building and funds held by two subsidiaries of state-owned banks. This could add to Tehran’s troubles as it tries to stave off a financial crisis.
Read more: https://www.reuters.com/article/us-iran-britain-claim/families-of-9-11-victims-look-to-seize-iran-assets-in-britain-idUSKBN1KM3Q0?il=0
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