Iranian Assets Unfrozen by Judge for Terrorism Victims’ Kin
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A U.S. judge agreed to unblock more than $1.9 billion held in a Citibank NA omnibus account to establish a fund for victims of terrorist attacks, including the 1983 bombing of a Marine barracks in Lebanon.
U.S. District Judge Katherine Forrest in Manhattan yesterday issued an order allowing the fund to use assets being held in a Citibank account for Clearstream Banking SA, in which Forrest said Iran is alleged to have an interest.