blocked funds
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'€5.573bn of Iran’s blocked assets wired into 6 Iranian accounts'
Tehran, IRNA- The governor of the Central Bank of Iran (CBI), Mohammad-Reza Farzin, has announced that €5.573 billion from Iran’s blocked assets have been deposited into six Iranian bank accounts in two Qatari banks.
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US State Dept. confirms sanctions waiver for transferring Iranian funds
New York, IRNA – US State Department Spokesperson Matthew Miller has confirmed that his country has waived sanctions to allow the transfer of Iranian funds -- approximately $6 billion -- blocked in South Korea to banks in Qatar.
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Iran wins release of over $10bn worth of blocked funds: Source
Tehran, IRNA – A source has revealed that Iran has finally gained access to more than $10 billion worth of its funds that were illegally frozen in bank accounts in South Korea and Iraq because of alleged compliance with US sanctions.
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Iran to refer blocked funds dispute with South Korea to arbitration
Tehran, IRNA – Tehran has officially started the process of referring the dispute with South Korea over Iran’s blocked funds in Seoul to international arbitration.