Canada seizes & sells $30mn worth of Iranian assets to ‘compensate US terror victims’ ...News

Canada has seized and sold some $30 million worth of Iranian assets, court documents indicate. The funds were transferred to American families seeking compensation over terrorist acts that were all pinned on Tehran. The confiscated assets include two buildings – the Iranian Cultural Center in Ottawa and Center for Iranian Studies in Toronto – as well as some $2.6 million seized from Iranian bank accounts and a couple of vehicles. The two properties have been sold for $26.5 and $1.85 million respectively, while the proceeding were transferred to several families in the US, who sought share of the assets as a compensation for various act

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Canada seizes & sells $30mn worth of Iranian assets to ‘compensate US terror victims’ ...News

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