Iran labels NYC skyscraper settlement ‘illegal’
21/04/2014 9:59 am EDT

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Iran’s foreign ministry has dismissed as “illegal” plans by US prosecutors to sell an Iran-linked Manhattan skyscraper in the largest terror-related seizure to date, AFP has reported. The case revolves around a 36-storey building in the heart of New York City that is majority owned by the Alavi Foundation, a non-profit corporation promoting Islamic culture and the Persian language. US prosecutors allege the foundation has transferred rental income and other funds to Iran’s state-owned Bank Melli. “In spite of baseless claims by the prosecutor and the completely political and propaganda decision of the court, the Alavi Foundation is an independent charitable organisation in the US. It has no links to Iran,” said ministry spokeswoman, Marzieh Afkham. The US government intends to distribute proceeds from the sale of the skyscraper to families affected by terror attacks it says are linked to Tehran, despite Iran’s repeated denial of accountability.

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