UK freezes $1.6 billion of Iran’s Assets

UK’s economic secretary to the Treasury Ian Pearson said in a written statement to parliament “The total assets frozen in the UK under the EU (European Union) and UN sanctions against Iran are approximately 976,110,000 pounds.” Pearson did not elaborate.

The EU has frozen assets of Iran’s biggest bank, Bank Melli.

Excerpts from the 2007 US National Intelligence Estimate on Iran

“We assess with high confidence that until fall 2003, Iranian military entities were
working under government direction to develop nuclear weapons.”

“We judge with high confidence that the halt (of a nuclear weapon program) lasted at least several years.”

“We assess with moderate confidence Tehran had not restarted its nuclear weapons
program as of mid-2007, but we do not know whether it currently intends to develop
nuclear weapons.”

“We continue to assess with moderate-to-high confidence that Iran does not currently
have a nuclear weapon.”