Tuesday, December 13, 2005

Italian court orders Iran asset freeze

Financial Times - A court in Italy has ordered the freezing of an Iranian government account held in a Rome bank in what lawyers say represents an unprecedented legal victory for three US families seeking compensation from Iran for its alleged support of Palestinian suicide bombings that killed their relatives.

Lawyers and activists in Washington said their success in Italy was likely to be followed by similar cases against Iran in other courts in Europe and possibly Asia. The ruling could also open the floodgates to similar civil cases against the Islamic regime and other states accused by the US of sponsoring terror.

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