Feb 20, 2019, 8:43 PM
News Code: 83217035
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Dutch court orders S. Korean firms to compensate Iran's firm

Tehran, 20 February, IRNA - South Korean newspaper the Chosun Ilbo reported Wednesday that the Rotterdam court in the Netherlands on Tuesday in a verdict in favor of Dayani Trading Group persuaded 7 South Korean companies to pay it to the Iranian company.

The report, quoting the South Korean Commission on Financial Services, announced that the court with addressing a lawsuit of the Dayani Trading Group (Iran) to confiscate some of the foreign assets of the South Korean government to seven of its trading Companies, eventually after months of revision issued its verdict yesterday in favor of Iranian company.

According to the report, the group was allowed to seize foreign assets of the government of South Korea into companies such as Daewoo, LG, KEB Hana.

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