Israel ordered to pay Iran $1.2 billion

[fanger]

The Swiss Supreme Court in Lausanne has ordered the Israel-controlled Trans-Asiatic Oil Company to pay a debt of $1.2 billion to Iran's national Oil Company.

According to Global Arbitration Review, which published the Swiss court’s ruling, Iran’s oil company has been removed from the sanctions regime, so there is no legal obstacle to paying it any money.

On June 27, the court directed Trans-Asiatic to pay the Iranians 250,000 Swiss francs (about 1 million shekels, or $260,000) of the monies that have been deposited with the court, and another 200,000 francs in court costs.

Trans-Asiatic appealed, and lost, saddling the company with a heavy fine.

TAO attempted to appeal the latest Swiss verdict on technical grounds, but was denied the appeal, and ordered to pay the compensation and court costs to Iran.
Israel ordered to pay Iran $1.2 billion

Will israel be forced to Pay up?

 

[Penelope]

That explains a lot:

It remains unclear whether Israel will pay up, given its laws restricting "trading with the enemy."

(snip)

But Tehran, setting aside its decades-old refusal to recognize Israel's right to exist, had decided to recoup its part of EAPC and pursued a complex arbitration case since 1994, first in France and then in Switzerland

http://www.israelhayom.com/site/newsletter_article.php?id=35651

No wonder they are enemies of Iran. 1.2 billion plus interest.

I bet no, not a dime.

 

[fanger]

They were Jewed

 

[Phoenall]

The Swiss Supreme Court in Lausanne has ordered the Israel-controlled Trans-Asiatic Oil Company to pay a debt of $1.2 billion to Iran's national Oil Company.

According to Global Arbitration Review, which published the Swiss court’s ruling, Iran’s oil company has been removed from the sanctions regime, so there is no legal obstacle to paying it any money.

On June 27, the court directed Trans-Asiatic to pay the Iranians 250,000 Swiss francs (about 1 million shekels, or $260,000) of the monies that have been deposited with the court, and another 200,000 francs in court costs.

Trans-Asiatic appealed, and lost, saddling the company with a heavy fine.

TAO attempted to appeal the latest Swiss verdict on technical grounds, but was denied the appeal, and ordered to pay the compensation and court costs to Iran.
Israel ordered to pay Iran $1.2 billion

Will israel be forced to Pay up?

Only in Switzerland. And once again you alter the words of the report to suit your own islamonazi hate and propaganda. I doubt that Iran will receive anything other than what is already deposited. All TAO needs to do is file for bankruptcy and pay 1 cent on $1billion and the coaurt cant do a thing about it.

 

[Phoenall]

They were Jewed

And now they are about to be muslimed

 

[racialreality9]

The Jews will just steal the money from America, like they always do.

 

[Phoenall]

The Jews will just steal the money from America, like they always do.

EVIDENCE as your racist claim is not worth the paper it is written on