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Iranian embassy bank accounts frozen in Italy |
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Tuesday, 13 December 2005 |
 Italy has frozen the Iranian embassy’s bank accounts in Italy on
terror-related charges, state-run Ettemad Daily reported on December 12.
640 million dollars have been frozen inside the accounts on charges of “supporting international terrorism”.
A Rome court which issued the blocking order said that money from the
accounts was being used to fund groups such as Hamas and Islamic Jihad
as well as international terrorism in general.
The court announced that Tehran was spending 75 million dollars annually to sponsor and fund international terrorism.
It is unclear how long the assets freeze will last, however, an Iranian
embassy official announced that the court’s ruling was damaging to
Iran’s interests.
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