Iran Suspends Asset Transfer Powers of Attorney for Citizens Abroad

Mohammad Kazem Movahedi-Azad, the Attorney General of Iran, announced that the drafting of power of attorney (PoA) documents for the transfer of assets belonging to Iranians living abroad has been suspended “until further notice.”

According to the Attorney General, a judicial order has been issued to the Iranian Ministry of Foreign Affairs requiring it to “send all drafted powers of attorney to the Attorney General’s Office for review.”

He further stated:

“The Attorney General’s Office will not allow individuals abroad to act against the Islamic Republic of Iran and in favor of the enemy while maintaining material interests within the country.”

Context and Consequences

Following the protests in December, a large number of Iranian citizens abroad participated in rallies across various cities. These demonstrations continued in the weeks leading up to the war and have persisted since.

In the aftermath of the 40-day war, the Judiciary, citing the law on “Intensifying the Punishment for Espionage,” accused protesters and dissidents of “collaborating with the enemy.” It subsequently announced the confiscation of assets belonging to Sharif Zarchi (a former professor at Sharif University), Borzou Arjmand (an actor), and several other prominent figures. The Judiciary had previously published lists announcing the seizure of property belonging to various individuals.

These lists include a wide spectrum of people, ranging from journalists and former cinema actors to professional athletes.