Showing posts with label frozen Iranian assets. Show all posts
Showing posts with label frozen Iranian assets. Show all posts

Monday, April 25, 2016

Ahmadinejad’s Gov’t Is to Blame for US Seizure of Iranian Assets: Governor of the Central Bank of Iran.


Ahmadinejad’s Gov’t Is to Blame for US Seizure of Iranian Assets: Governor of the Central Bank of Iran. (Iranfrontpage).

The Governor of the Central Bank of Iran (CBI), Valiollah Seif, held the former Iranian administration responsible for a recent US court ruling to seize near $2bn of Iran’s frozen assets, saying Mahmoud Ahmadinejad’s government was too negligent in making investments in the US.

Unfortunately, in the previous government, there was negligence in buying bonds and making investments in the US dollar,” Seif said.

Seif noted that “u-turn” transactions with the Islamic Republic were exceptionally permitted in the US dollar sanctions against Iran, but Ahmadinejad’s administration was not careful and cautious enough in making the investments.

The former government’s officials should have considered the issue and exercised enough caution, but in spite of warnings by CBI experts against investments on dollar-based bonds, they (the then officials) made the purchases and set the stage for the Iranian nation’s loss, he added.

The warnings by those experts came true, and unfortunately, the ban on dollar-based transactions with Iran was once again imposed in 2008, and American banks were banned from having such transactions with Iran,” Seif said.

If the bonds had not been purchased at that time, there would have been no money to be seized by the Americans, he added, as reported by the CBI’s website.

The measures taken by the forerm government led to other hostile moves by the US, including the 13599 Executive Order against the CBI, he noted.

He was referring to an executive order issued in 2012, based on which the US Treasury blocked “all property and interests in property of the Government of Iran, including the Central Bank of Iran, and of all Iranian financial institutions, regardless of whether such persons are located or incorporated inside or outside of Iran”.

Therefore, he concluded, all these unfair and illegal measures by the Americans took place under Ahmadinejad’s tenure, which was a time when the Iranian government considered sanctions to be barely effective, even futile.

If any of these moves had been prevented at that time, the recent US court ruling could not have happened, he noted.

Rouhani’s Gov’t Evading Responsibility by Pinning Blame on Predecessors: Analyst.

Meanwhile, Kezem Anbarlouie, a political analyst, believes that the incumbent government of President Hassan Rouhani is trying to blame Ahmadinejad’s to whitewash its own deficiencies.
in a comment published by Tasnim and translated by IFP, Anbarlouie referred to similar remarks by First Vice-President Eshaq Jahangiri on the responsibility of the former government for the asset seizure, describing his remarks as “shocking”.

“The First VP said the previous government was not prudent enough, and spent part of the CBI’s resources on purchasing bonds, even if it knew the Americans were not committed to international regulations,” Anbarlouie said.

He further argued that if Americans are not committed to international regulations, Rouhani’s government should also have refused to sign the recent nuclear deal (JCPOA) with them.

The previous government was in conflict with the US, and everyone in the world knew that; however, the US government did not dare to seize Iran’s money at that time,” he went on to say.

The 11th government has made an agreement with the Americans and shaken hands with them while they promised to release Iran’s frozen assets, but now, they have not only refused to release them, but they are also stealing and seizing the country’s money once again,” the analyst added.

To those who say the former government is to blame for the US seizure of Iranian assets, one should say, ‘What were YOU doing? Do not blame the former government for your own imprudence’.”

Quoting materials from Iran Front Page is permitted only if the source is mentioned by name.

Iran's FM Zarif: 'US government must protect Iran’s assets'.


Iran's FM Zarif: 'US government must protect Iran’s assets'. (Taz).

Iran thinks that the US government responsible for protecting Iran's assets in that country, Mohammad Javad Zarif, the Iranian foreign minister said.

Speaking at a joint press conference with Macedonian counterpart Nikola Poposki on a visit to Iran, Zarif said that Iran does not recognize the recent verdict of a US court on its assets, Iran's state-run IRINN TV reported Apr. 25.

The US Supreme Court last week ruled the transfer of nearly $2 billion of frozen Iranian assets to the American victims of terrorist attacks, including the 1983 truck bombing of a Marine Corps barracks in the Lebanese capital of Beirut. Investigators of the court concluded that Iran was responsible for that attack, which Tehran has denied.

The assets belong to the Central Bank of Iran (CBI), blocked under the US sanctions.

The verdict is against international laws, Zarif said, adding Tehran will spare no effort to prevent the US to gain access to its assets."Iran will pursue the issue via legal channels," he added.
"We have announced that the US government is responsible to protect Iran's assets, and if they fail, Iran will claim compensation in due time," Zarif said.
He further said that the Iranian government has established a special committee to consider the issue.
The committee will investigate the reason of the former government's making investments recklessly in a way that US can block that, the way of Iran's ability to prevent reoccurrence of the similar issues in the future and "encroaching on Iran's assets".

The CBI President Valiollah Seif said Apr. 24 that the former government is the one that is actually responsible for the recent US blockade of Iranian assets.

The former government of Iran paved the way for the court ruling by being ignorant of the facts while buying bonds and making investment in dollar, Seif said.


"If the bonds which had been valued in the dollar hadn't been bought with the indirect brokerage of Americans, there would not have been any money for the US to block," he added. More on this story here.

Related:
Ahmadinejad’s Gov’t Is to Blame for US Seizure of Iranian Assets: The Governor of the Central Bank of Iran (CBI)
Related Posts Plugin for WordPress, Blogger...