US: Forfeiture deal over Iran assets sets record - Israel News, Ynetnews

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US: Forfeiture deal over Iran assets sets record

Published: 04.18.14, 09:42 / Israel News

federal judge has approved plans to sell a 36-story Manhattan office building and other properties owned by Iran nationwide in what will be the largest terrorism-related forfeiture ever, a prosecutor said Thursday.


US Attorney Preet Bharara said Judge Katherine Forrest approved the deal between the US government and 19 holders of more than $5 billion in terrorism-related judgments against the government of Iran, including by victims killed in the Sept. 11, 2001, terrorist attacks.


The deal calls for the Manhattan building and other forfeited assets to be sold by the US Marshals Service. (AP)


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