ICJ orders US to pay compensation for freezing Iranian assets
Sgt4succsess SMACIN GRACEFULL TEAM ICJ orders US to pay compensation for freezing Iranian assets 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. ADVERTISEMENT The International Court of Justice (ICJ) has ordered the United States to pay compensation to Iranian companies after ruling that Washington had illegally allowed courts to freeze their assets. ADVERTISEMENT The United Nations’ top court, also known as the World Court, did not specify the exact amount in its ruling on Thursday but said it would be determined in a later phase. ADVERTISEMENT 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 Yor