Uploaded by cctvnewschannel on 31 Dec 2011 - Iran's central bank is preparing to file an appeal to a US Court, asking them to unfreeze the country's assets.According to the Wall Street Journal, the action over the more than 2 billion US dollars in assets is set to be taken in the U.S. District Court for the Southern District of New York.The funds were frozen back in June 2008 after a ruling against Tehran over its alleged role in the 1983 bombing of a Marine Corp base in Beirut that led to the deaths of 241 US soldiers.
A lawyer from the Iranian central bank claims the freezing of the assets by the US was illegal under the Foreign Sovereign Immunities Act. The legal action by Iran comes as US president Barack Obama gets ready to impose even tougher sanctions, this time taking aim at the country's oil industry.
