The Iran Project
: Iranian lawmakers have voted to enable the Central Bank of Iran (CBI) to take necessary measures in pursuit of Iran’s funds from Bahrain’s banks.
Sunday 7 January 2024 - 14:12
Story Code : 411207
Source : IRNA
MPs vote to enable CBI to restore funds from Bahrain
According to the bill, the CBI would be allowed to pursue the restitution of Iran’s funds and claim damages as an investor from Bahrain’s banks.
In case Bahrain refrains from paying its debts to Iran, the CBI, in cooperation with the Legal Department of the Presidency, would be obliged to take legal action against the banks or the government of Bahrain.
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