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Iran: US claim on assets thrown out in Luxembourg

Tehran welcomed a decision by a Luxembourg court on 27 March to reject a 2012 US court ruling that would have allowed victims of the 11 September 2001 terrorist attacks to claim $1.6bn of Iranian assets held in the Luxembourg-based Clearstream clearing house. The funds, which belong to Bank Markazi-ye Jomhuri-ye Eslami-ye Iran (Central Bank of Iran), were frozen during an earlier period of international sanctions on Tehran and have yet to be returned.

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