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Subject It’s official: Iran government is holding foreign hostages for ransom, wants MORE £££ - UK govt
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Original Message Brit mum Nazanin Zaghari-Ratcliffe’s release from jail has been held up after Iran raises ransom bill to £500m with interest

[link to www.thesun.co.uk (secure)]

BRIT mum Nazanin Zaghari-Ratcliffe’s release from jail has been held up after Iran ramped its ransom bill by £100m, it has emerged.

Foreign Secretary Jeremy Hunt has secretly agreed to settle a 40 year-old debt to Tehran as the price to free the sickly dual national, who turned 40 on Boxing Day.

But The Sun can reveal that diplomats are now locked in a major haggle over how much interest should be paid on the £400m historical debt from a botched military deal.

A court ruled in 2010 that the UK owes Tehran the money after pulling out of an agreement to sell it 1,500 Chieftain tanks after the Shah was overthrown in 1979.

But sources have revealed that Iran is insisting that an interest rate of up to 8% is levied on the cash, pushing the total close to £500m.

Iran will next month haul the British government back to court in London as it mounts a renewed legal bid to enforce the payment.



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