The Largest Asset Seizure in US History

[nbruno322]

http://www.foxnews.com/us/2014/04/17/us-says-forfeiture-over-iran-assets-in-new-york-elsewhere-will-be-record-terror/



"How on earth could the US government confiscate such an incredible amount of private property?

It is because they said the magic word.

All they have to do is utter the magic word, and any concept of private property rights and due process magically vanishes.

...Take, for example, John McCain, who has arguably given material support to Syrian rebels who have links to Al Qaeda. I highly doubt we will be seeing John McCain's residence and bank accounts seized."

http://www.internationalman.com/articles/just-say-the-magic-word

[acptulsa]

Bharara said the settlement is an important step toward "completing what will be the largest ever terrorism-related forfeiture and providing a substantial recovery for victims of terrorism."

"From the very beginning of this case," Bharara said in a release, "this office sought to dismantle Iran's slice of Manhattan — an office tower on Fifth Avenue — both to end Iran's illegal sanctions-violation and money-laundering schemes and to provide a means of compensating victims of Iranian-sponsored terrorism."

Besides Sept. 11 victims, the settling creditors include families and estates of victims of the 1983 terrorist bombings of U.S. Marine Barracks in Beirut, the 1996 terrorist bombing of the Khobar Towers in Saudi Arabia and terrorist attacks in Israel and elsewhere.

So, a little of this money will stay in Manhattan and the rest will be given to Saudi Arabia and Israel?

Well alrightey then.

[muh_roads]

So, a little of this money will stay in Manhattan and the rest will be given to Saudi Arabia and Israel?

Well alrightey then.

lol, yeah brilliant.

Lets prevent terrorism by giving the "terrorist" money to a nation that has some of the highest amounts of terrorists within its own borders, Saudi Arabia.

[kcchiefs6465]

US says forfeiture over Iran assets in New York, elsewhere will be record terror-related deal

NEW YORK – A federal judge has approved plans to sell a 36-story Manhattan office building and other properties owned by Iran nationwide in what will be the largest terrorism-related forfeiture ever, a prosecutor said Thursday.

U.S. Attorney Preet Bharara said Judge Katherine Forrest approved the deal between the U.S. government and 19 holders of more than $5 billion in terrorism-related judgments against the government of Iran, including claims brought by the estates of victims killed in the Sept. 11, 2001, terrorist attacks.

The deal calls for the Manhattan building and other forfeited assets to be sold by the U.S. Marshals Service, with the U.S. government receiving reimbursement for litigation expenses and any costs of the sales before the rest is distributed to victims of terrorist attacks. The agreement stems from a 2008 lawsuit by the government against the building's owners.

Bharara said the settlement is an important step toward "completing what will be the largest ever terrorism-related forfeiture and providing a substantial recovery for victims of terrorism."

"From the very beginning of this case," Bharara said in a release, "this office sought to dismantle Iran's slice of Manhattan — an office tower on Fifth Avenue — both to end Iran's illegal sanctions-violation and money-laundering schemes and to provide a means of compensating victims of Iranian-sponsored terrorism."

Besides Sept. 11 victims, the settling creditors include families and estates of victims of the 1983 terrorist bombings of U.S. Marine Barracks in Beirut, the 1996 terrorist bombing of the Khobar Towers in Saudi Arabia and terrorist attacks in Israel and elsewhere.

The government said buildings also will be sold in Queens and in Houston, Carmichael, Calif., Catharpin, Va., and Rockville, Md.

Prosecutors said funds will be drawn from bank accounts formerly in the name of entities that served as fronts for the Iranian government. The properties' estimated total worth wasn't provided Thursday.

The judge ruled last September that the Manhattan office tower was subject to forfeiture because revenue from it was secretly funneled to a state-owned Iranian bank in violation of a U.S. trade embargo.

The U.S. government had said the Alavi Foundation's sole partner in the ownership of the Manhattan building was a shell company fronting for a secret interest held by the state-owned bank of Iran, Bank Melli. The Iranian government has been designated by the U.S. as a sponsor of international terrorism, an allegation it has repeatedly denied.

The judge agreed that monetary transfers by the shell company, Assa Co., to Bank Melli violated money laundering statutes.

"There is substantial, un-contradicted evidence that Assa is owned and controlled by Bank Melli and that Bank Melli is wholly owned and controlled by Iran," the judge said.

Lawyers for Alavi and Assa did not immediately return messages for comment Thursday. They said in September that they planned to appeal.
So the government of Iran has been ordered to pay 9/11 victims?

How about that.

They should do what the United States does every time a settlement for their participation in terrorism plots is ruled against them. That is, tell those who want paid to fuck off.

The United States government still owes a few different governments a few tens of millions a piece.


ETA: More at link.

[HOLLYWOOD]

Libya is a prefect example if you want to see Robbery aka (Seizing/Freezing Assets) under the false declaration of Crimes against Humanity, Terrorist Blah Blah, and of course, which was actual funded/fomented by the very government(s) and robber barons that stole and killed for gain/control of such assets in the first place.

Government is good at 3 things; Lying, Stealing, and Killing

[acptulsa]

So the government of Iran has been ordered to pay 9/11 victims?

How about that.

And the money taken from Iran, which had basically nothing to do with 9/11, is being given to Saudi Arabia, which had quite a great deal to do with 9/11--from nineteen of the hijackers to the alleged ringleader and mastermind.

Yeah, how about that.

[ClydeCoulter]

I'm not able to contort my neck and head enough to even fathom a premise for this.

[pcosmar]

I'm not able to contort my neck and head enough to even fathom a premise for this.

You're just not looking at it right.

http://i.imgur.com/beB6Uyd.gif

[Warrior_of_Freedom]

this topic would be more entertaining if you got rid of the last 2 letters of asset

[nbruno322]

Here is a picture of the building that was seized

http://www.internationalman.com/images/2013/09/130918image2.jpg

[Natural Citizen]

Libya is a prefect example if you want to see Robbery aka (Seizing/Freezing Assets) under the false declaration of Crimes against Humanity, which was actual funded/fomented by the very government robber barons that stole and killed for gain/control of such assets.

Yep. Came close to happening in Ukraine too.

[LibForestPaul]

Constitution, laws, legality, all just pieces of paper for the power elite.

[kathy88]

And boobus will cheer.

[Brian4Liberty]

So the government of Iran has been ordered to pay 9/11 victims?

How about that.



http://www.youtube.com/watch?v=TM-G0bkl8MQ

[Brian4Liberty]

And the money taken from Iran, which had basically nothing to do with 9/11, is being given to Saudi Arabia, which had quite a great deal to do with 9/11--from nineteen of the hijackers to the alleged ringleader and mastermind.

Yeah, how about that.

Insane. There is no defense for this miscarriage of "just-us".