$1.6 Billion of Iran’s Frozen Assets Released: CBI

Hemmati said on Wednesday with the legal follow-ups of the Central Bank, the US effort to seize and transfer the CBI’s funds in Europe was thwarted.

Hemmati underlined that $1.6 billion worth of assets belonging to the central bank at Luxembourg’s Clear Stream, has now been released.

The money had been frozen since January 15, 2015 at the international central securities depository (ICSD).

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