TEHRAN: Governor of the Central Bank of Iran (CBI) has that the Republic of Korea (ROK) has released all Iranian funds frozen in its banks, Chinese media reported on Saturday.
Xinhua news agency reported Iran’s chief banker, Mohammad Reza Farzin had made a statement on social media about the unfreezing process of Iran’s frozen assets abroad.
He said Iranian funds worth nearly 7 billion US dollars deposited in ROK’s banks have been frozen over the past years.
Read Also: US Prisoners in Iran to Remain Until Full Transfer of Frozen Funds, Says Iranian VP
Farzin added that the frozen assets have been released totally and converted into euro while the exchange service fee was covered by a third country.
Iranian Iran’s frozen assets in ROK all released: chief banker
He added the Iranian funds have been transferred to six Iranian banks in Qatar. He added the funds would be used for buying non-sanctioned items s through banking payment systems.
He was hopeful that the frozen assets of Iran in several other countries would also be released soon.
Hopefully, Iranians held hostage by the US will be freed. US prisoners in Iran will leave simultaneously with the irreversible release of our illegally held citizens and the full transfer of illegally held assets in South Korea, similar to the recently freed assets in Iraq.
— Mohammad Jamshidi (@MhmmdJamshidi) August 10, 2023
On Friday, Mohammad Jamshidi, Iranian President Ebrahim Raisi’s deputy chief of staff for political affairs, in a statement on Twitter said the US prisoners in Iran will leave simultaneously with the release of illegally held Iranians in the US and the full transfer of frozen Iranian funds in ROK.
