Feds to seize 36-story Iranian-owned skyscraper in New York
Wednesday, September 18, 2013 8:29
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Wall Street Journal MarketWatch
Sept. 18, 2013
U.S. prosecutors have won a judge’s approval to seize a 36-story skyscraper on 5th Avenue in New York that is owned by the Iranian government.
U.S. Attorney for the Southern District of New York, Preet Bharara, said in a press release the building would be the “largest-ever terrorism-related forfeiture.”
U.S. District Judge Katherine Forrest granted summary judgment in the case seeking forfeiture of the building for violations of Iranian transaction regulations and money laundering offenses.
This article was posted: Wednesday, September 18, 2013 at 10:07 am
Tags: government corruption, terrorism
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