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.



DHL Cargo Plane Crashes into a House in Lithuania, Killing at Least 1

A Lithuanian rescuer walks past the wreckage of a cargo plane following its crash near the Vilnius International Airport in Vilnius on November 25, 2024. (Photo by Petras MALUKAS / AFP)
A Lithuanian rescuer walks past the wreckage of a cargo plane following its crash near the Vilnius International Airport in Vilnius on November 25, 2024. (Photo by Petras MALUKAS / AFP)
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DHL Cargo Plane Crashes into a House in Lithuania, Killing at Least 1

A Lithuanian rescuer walks past the wreckage of a cargo plane following its crash near the Vilnius International Airport in Vilnius on November 25, 2024. (Photo by Petras MALUKAS / AFP)
A Lithuanian rescuer walks past the wreckage of a cargo plane following its crash near the Vilnius International Airport in Vilnius on November 25, 2024. (Photo by Petras MALUKAS / AFP)

A DHL cargo plane crashed into a house Monday morning near Lithuania's capital, killing at least one person.
The head of the country's police said the plane crashed shortly before landing at Vilnius airport.
“It fell a few kilometers before the airport, it just skidded for a few hundred meters, its debris somewhat caught a residential house," said Police Commissioner-General Renatas Požėla. "Residential infrastructure around the house was on fire, and the house was slightly damaged, but we managed to evacuate people.”
Lithuanian’s public broadcaster LRT, quoting an emergency official, said two people had been taken to the hospital after the crash, and one was later pronounced dead.
The Lithuanian airport authority identified the aircraft as a DHL cargo plane arriving from Leipzig, Germany. It posted on the social platform X that city services including a fire truck were on site.
Flight-tracking data from FlightRadar24, analyzed by The Associated Press, showed the aircraft made a turn to the north of the airport, lining up for landing, before crashing a little more than 1.5 kilometers (1 mile) short of the runway.
Authorities did not immediately offer a cause for the crash, which happened just before 5:30 a.m local time. Weather at the airport was around freezing temperature, with clouds before sunrise and winds around 30 kph (18 mph).
DHL Group, headquartered in Bonn, Germany, did not immediately return a call for comment.
The DHL aircraft was operated by Swiftair, a Madrid-based contractor. The carrier could not be immediately reached.
The Boeing 737 was 31 years old, which is considered by experts to be an older airframe, though that’s not unusual for cargo flights.