NDFI May Resort to ‘Legal Ways’ to Recover Unpaid Forex Debts

The manger director of the National Development Fund of Iran (NDFI), Mehdi Qazanfari, said the sovereign wealth fund may be forced to resort to “legal ways” to recover its unpaid debts. 
“If loan defaulters fail to settle their debts, we will have no choice but to seize their property,” he was quoted as saying by ISNA. 
Reimbursing forex loans taken years ago has become a hot button issue among private sector leaders and the NDFI.