ICJ orders US to pay compensation for freezing Iranian assets - RocketNews

Contributing sentiments towards policy:

40% : ICJ Vice-President Kirill Gevorgian said the majority "upholds the objection to jurisdiction raised by the United States of America relating to the claims of the Islamic Republic of Iran" in regard to the bank.
35% : The case was initially brought by Tehran against Washington in 2016 for allegedly breaching a 1955 friendship treaty.
34% : It added the money was to be given in compensation to victims of a 1983 bombing in Lebanon and other attacks linked to Iran.
32% : In hearings last year, the US argued the case should be dismissed because Iran has "unclean hands" and the asset seizures were the result of its alleged sponsoring of "terrorism".
19% : In a blow for Tehran, however, the United Nations court said it did not have jurisdiction over frozen assets from Iran's central bank, by far the largest amount claimed back by Iran.
19% : In a blow for Tehran, however, the tribunal in The Hague said it did not have jurisdiction over $1.75bn in frozen assets from Iran's central bank held in a Citibank account in New York, by far the largest amount claimed back by Tehran.

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