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Iran seeks legal action: British court ruling halts UK payments for botched military contract

Iran seeks legal action: British court ruling halts UK payments for botched military contract

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The two countries relations recently took a turn for the worse after British authorities in Gibraltar detained a tanker, carrying Iranian oil, over suspicions of violating EU sanctions, a move that Tehran has slammed as “illegal”. Iranian Ambassador to the UK Hamid Baeidinejad has slammed a recent ruling by the High Court in London, declining Tehran’s request for the country to pay part of the interest of a multimillion debt, and vowed to continue litigations. “Iran disagrees with the UK court’s decision not to require the British company to pay part of the interest of its debt in the years of sanctions and will take the necessary legal action”, he said. Iran and the UK have been arguing about the exact sum London owes it under a botched military supply contract signed between the UK and the Iranian shah prior to the 1979 Islamic Revolution. State-owned British firm International Military Services were to supply around 1,500 Chieftain battle tanks and armoured vehicles to Iran…
Source: Iran seeks legal action: British court ruling halts UK payments for botched military contract

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