Iran's parliament approves bill challenging 'damaging' policies of the US

Tehran: Iranian lawmakers on Tuesday approved outlines of a bill to oblige President Hassan Rouhani's administration to seek compensation from the US over Washington's "damaging" policies against Iran and its nationals.

File image of Hassan Rouhani. AFP

File image of Hassan Rouhani. AFP

If the bill is signed into law, Rouhani's administration would be required to urge Washington to compensate for its "misappropriating of Iranian assets frozen in the US banks under various pretexts," Xinhua quoted a report in the Press TV as saying.

In April, the US Supreme Court ruled that almost $2 billion in frozen Iranian assets must be turned over to US citizens killed in the 1983 bombing of a US Marine Corps barracks in the Lebanese capital of Beirut and other attacks blamed on Iran.

The assets belong to the Central Bank of Iran, which has been blocked under US sanctions.

On Tuesday, Iranian hardliner legislator Hamid Rasaei also proposed a complementary to the bill that obliges Iran to "seize US assets" passing through the strategic Straight of Hormuz in response to the US hostile acts.

"If the US should seek to misappropriate the Iranian nation's assets, the strait must be turned into an insecure place for them and US vessels be banned from passing through it," he was quoted as saying.

Updated Date: May 18, 2016 08:14 AM

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