VOL. XXXVIII

NO. 39

26-JUNE-1995

Financial and Banking News

Public Finance

Iran Claims $20Bn From The US And Israel

A member of the Iranian parliament's foreign policy committee, Mr. HasanQashqavi, said last week that Iran may take legal action to recoup some $12bnfrom the US and $8bn from Israel. The MP added that Iran was thinking of referring its claim of $12bn (excluding interest) in frozenassets in US banks tothe International Court of Justice at the Hague. These assets were frozen in1979...