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Originally Posted by TheDaddy
Ransom being their 400 million we as a country have been holding onto for well over 40 years, expect to learn that's been repaid in the coming months
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Paying a ligitamate debt is a ransom?
Iran's Shah paid up front for 1,750 Chieftain tanks and other vehicles, only 189 tanks were delivered.
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After years of private negotiations, in 1990 Iran made a claim for its money back for the undelivered weaponry by taking the UK to international arbitration in The Hague. The UK made a counterclaim in 1996, but in an arbitration in 2001 the UK lost both claims. Iran then sought to have the award enforced in the English courts, something Britain resisted until IMS in 2002 put £350m into the UK court as security. The UK, after getting the award’s size reduced once in The Hague finally seemed to have run out of options when its final appeal was dismissed in 2009.
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https://www.theguardian.com/news/202...debt-arms-deal