Iranian Govt Says Frozen Assets Released in Four Countries

Head of the Planning and Budget Organization (PBO), Davoud Manzour and to his left, Governor of the Central Bank, Mohammadreza Farzin, during a meeting of the government (Iranian presidency)
Head of the Planning and Budget Organization (PBO), Davoud Manzour and to his left, Governor of the Central Bank, Mohammadreza Farzin, during a meeting of the government (Iranian presidency)
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Iranian Govt Says Frozen Assets Released in Four Countries

Head of the Planning and Budget Organization (PBO), Davoud Manzour and to his left, Governor of the Central Bank, Mohammadreza Farzin, during a meeting of the government (Iranian presidency)
Head of the Planning and Budget Organization (PBO), Davoud Manzour and to his left, Governor of the Central Bank, Mohammadreza Farzin, during a meeting of the government (Iranian presidency)

Iran’s Deputy President and head of the Planning and Budget Organization (PBO), Davoud Manzour, revealed that a significant part of the Iranian frozen assets were released in South Korea, Türkiye, Japan and Iraq, several Iranian news agencies reported.

In a meeting with economic experts late Saturday, Manzour said they were trying to reduce the impact of the sanctions or "remove them.”

"These assets are, of course, part of the central bank's reserves and do not belong to the government,” he noted.

Iran on Aug. 10 released four imprisoned US citizens into house arrest, where they joined a fifth already under home confinement, in the first step of a deal under which $6 billion in Iranian funds in South Korea would be unfrozen and the five would eventually be allowed to leave Iran.

Seoul then affirmed that the Iranian assets that had been frozen in South Korea were transferred to Switzerland's central bank and then to an account in Qatar that Iran could access.

Tehran says the process of releasing the US prisoners held in Iran will take up to two months.

Last Tuesday, White House National Security Adviser Jake Sullivan has said that the prisoner swap deal between the US and Iran is “on track.”

US officials say the $6bn will be moved to “restricted accounts” that can be accessed solely for “humanitarian purposes”, while Iranian President Ibrahim Raisi said that the released assets would be used to enhance domestic production.



Russia Captures UK National Fighting Alongside Ukraine in the Kursk Region

Civilians wearing military uniforms take part in a military training organized by Ukrainian soldiers of The Third Separate Assault Brigade in Kyiv, on November 23, 2024, amid the Russian invasion of Ukraine. (Photo by Tetiana DZHAFAROVA / AFP)
Civilians wearing military uniforms take part in a military training organized by Ukrainian soldiers of The Third Separate Assault Brigade in Kyiv, on November 23, 2024, amid the Russian invasion of Ukraine. (Photo by Tetiana DZHAFAROVA / AFP)
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Russia Captures UK National Fighting Alongside Ukraine in the Kursk Region

Civilians wearing military uniforms take part in a military training organized by Ukrainian soldiers of The Third Separate Assault Brigade in Kyiv, on November 23, 2024, amid the Russian invasion of Ukraine. (Photo by Tetiana DZHAFAROVA / AFP)
Civilians wearing military uniforms take part in a military training organized by Ukrainian soldiers of The Third Separate Assault Brigade in Kyiv, on November 23, 2024, amid the Russian invasion of Ukraine. (Photo by Tetiana DZHAFAROVA / AFP)

The Russian military captured a British national fighting alongside Ukrainian troops in Russia's partially occupied Kursk region, state news agency Tass reported Monday, citing unidentified sources in the law enforcement.
The man was identified by Tass and other media as James Scott Rhys Anderson. Tass quoted him as saying that he had served as a signalman in the British army for four years and then joined the International Legion of Ukraine, formed early on in Russia's nearly 3-year-old war against its neighbor.
In Ukraine, Anderson reportedly served as an instructor for Ukrainian troops and was deployed to the Kursk region against his will. Tass published a video of the man saying in English that he doesn’t want to be “here.”
The report couldn’t be independently verified, but if confirmed it could be the first publicly known case of a Western national captured on Russian soil while fighting for Ukraine.
The UK Embassy in Moscow and the Russian Defense Ministry did not immediately respond to requests for comment.