Iran Press/Iran News: Hamid Baeidinejad said on Twitter late Monday night: "The legal counsel of the UK Defence Ministry subsidiary company resorts to all possible procedural tactics and lawyerism to delay the payment of Iran’s debt. Pursuant to such efforts, the court decided today to convene its next substantive session after 6 months, in March 2020."
Britain owes Iran around £450m after Mohammad Reza Pahlavi paid upfront for 1,750 Chieftain tanks and other vehicles, almost none of which were eventually delivered after the Islamic Revolution of 1979 toppled the US-backed leader, Iran Press reported.
The UK has since agreed to pay back some of the debt, but says it is unable to transfer the money because of international sanctions on Iran.
The amount was reportedly transferred to a bank account controlled by the High Court in 2002 but has not been passed on to Iran.
Two months ago, a high court in Britain ruled that the UK does not have to pay the £20 million interest that has accumulated on a £400 million debt owed by the UK government to Iran.
Concurrently, the Iranian ambassador to London opposed the court's ruling, stated that the ruling had no effect on the obligation of the British company to pay in full the several hundred million pounds of debt and its interest for over 30 years.
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