Iran’s Canadian assets frozen over $13M U.S. terrorism payout
An Ontario judge has issued a restraining order against Iran’s property in Canada — including its embassy in Ottawa and a former cultural centre in Toronto — as the family of an American woman killed in a terrorist attack tries to collect a $13-million judgment by a U.S. court from a wrongful death claim against Iran’s security agency.
Three properties were frozen, ensuring they are not sold or transferred, until court can decide whether they should be forfeited to the victim’s family to help satisfy the U.S. court award. The property is owned by the government of Iran or by an “alter ego” used “as a front” for Iran, court heard.
Read more:
http://news.nationalpost.com/2012/11/01/irans-canadian-assets-frozen-over-13m-u-s-terrorism-payout/
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