U.N. court rules it has jurisdiction to hear Iran claim against U.S.
Source: Reuters
AMSTERDAM (Reuters) - Dismissing U.S. objections, judges at the International Court of Justice on Wednesday ruled that the U.N. body has jurisdiction to hear a claim by Iran to recover $1.75 billion in assets frozen by Washington.
The ruling opens the way for the court to hear the case on its merits, a process that could take years.
The case filed in June 2016 centers on assets from the Iranian national bank, Bank Markazi, seized by U.S. courts to compensate families of victims of a 1983 bombing of a U.S. Marine Corps. base which Washington blames on Iran.
Iran denies involvement in the Beirut attack which killed 307 people, including 241 U.S. military personnel.
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WORLD NEWS FEBRUARY 13, 2019 / 10:15 AM / UPDATED 9 MINUTES AGO
Read more: https://www.reuters.com/article/us-iran-usa-world-court/u-n-court-rules-it-has-jurisdiction-to-hear-iran-claim-against-u-s-idUSKCN1Q21WP
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