Netanyahu Rebuffs IAEA Chief’s Remarks against Possible Attack on Iran

Israeli Prime Minister Benjamin Netanyahu (C) chairs the weekly cabinet meeting at the prime minister's office in Jerusalem , 05 March 2023. (EPA)
Israeli Prime Minister Benjamin Netanyahu (C) chairs the weekly cabinet meeting at the prime minister's office in Jerusalem , 05 March 2023. (EPA)
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Netanyahu Rebuffs IAEA Chief’s Remarks against Possible Attack on Iran

Israeli Prime Minister Benjamin Netanyahu (C) chairs the weekly cabinet meeting at the prime minister's office in Jerusalem , 05 March 2023. (EPA)
Israeli Prime Minister Benjamin Netanyahu (C) chairs the weekly cabinet meeting at the prime minister's office in Jerusalem , 05 March 2023. (EPA)

Israel rebuffed as "unworthy" on Sunday comments by the UN nuclear watchdog chief that any Israeli or US attack on Iran's nuclear facilities would be illegal.

Having visited Tehran in a bid to loosen deadlocked talks on renewing its 2015 nuclear deal with world powers, International Atomic Energy Agency chairman Raphael Grossi on Saturday said "any military attack on nuclear facilities is outlawed".

He was responding to a reporter's question about threats by Israel and the United States to attack Iran's nuclear facilities if they deem diplomacy meant to deny it the bomb to be at a dead end. Tehran says its nuclear program is peaceful.

"Rafael Grossi is a worthy person who made an unworthy remark," Israeli Prime Minister Benjamin Netanyahu told his cabinet in televised remarks on Sunday.

"Outside what law? Is it permissible for Iran, which openly calls for our destruction, to organize the tools of slaughter for our destruction? Are we forbidden from defending ourselves? We are obviously permitted to do this."

The IAEA said on Saturday Grossi had received sweeping assurances from Iran that it will assist a long-stalled investigation into uranium particles found at undeclared sites and re-install removed monitoring equipment.



Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
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Italy Has Frozen Russian Oligarchs' Assets Worth over $2.6 Billion

Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA
Representation photo: The seized yatch 'Tango', which belongs to Renova Group head Viktor Vekselberg, moors in the port of Palma de Mallorca, Spain, 04 April 2022. EPA/CATI CLADERA

Italy has frozen Russian oligarchs' assets valued at around 2.3 billion euros ($2.64 billion) since the invasion of Ukraine in 2022, data provided by Italian authorities show, with the most recent seizures occurring at the beginning of the month.

Italy seized assets - including bank accounts, luxury villas, yachts and cars - as part of the European Union's sanctions against the Kremlin and its backers.

The Bank of Italy had said that at the end of June 2023 their value amounted to 2.5 billion dollars, said Reuters.

This month it did not update the total amount, but said that the funds frozen due to sanctions against Russia totaled almost 280 million euros up to December 2024 — a 44 million euro increase from the previous year.

Separately, the tax police seized in early June an Iranian company based in Milan, Irital Shipping Lines, and two of its properties worth a total of more than 1 million euros, due to "Iran's military support for Russia's war of aggression against Ukraine".

The company has not yet responded to a request for comment emailed by Reuters.

MAINTENANCE COSTS

Italy's State Property Agency holds all non-liquid assets frozen due to EU sanctions and the Italian government bears the costs of managing these assets during the freezing period.

According to the latest official data available, the costs incurred by the State for their maintenance amounted to 31.7 million euros up to February 2024.

When asked about the level of maintenance cost incurred by Italian taxpayers so far, the agency said it could not provide the information because it "is covered by official secrecy." Reuters calculation suggests that costs may have increased by around 15 million euros to more than 45 million euros to date.

The fate of these assets rests with the European Union.

If the EU decides to make the freezes permanent, the state must initiate proceedings to convert them into confiscations.

If Brussels decides to unfreeze them, the assets can be returned to their owners, provided that they pay Italy the maintenance costs incurred.