U.S. Transferred $1.3 Billion More in Cash to Iran After Initial Payment

Pat Bliss
Mark Foster
Ed Davis
Naomi Hassler
Donna Willey
Jean Summers
Marilyn Kinsell
Mary Thom
Serena Kovalik
Herbert Staretz
Anthony Mcnair
Mary Bachmann walker
Brenda Hobbs
Richard Van fleet
Tim Schofield
Robert French
Yesyesyes Yyyy
Mehrdad Dastouri
Jeremy Wright
Joan Fowler
Dale Flyberg
Doreen Malecha
Rob and martha Langford
Francine Anton
Robert g Hedenberg jr
Werner Mc christy
Joyce Green
Joe Billion
Michael Dalton
Donald York

The Wall Street Journal

By Jay Solomon and Carol E. Lee

 

The cash payments—made in Swiss francs, euros and other currencies—settled a decades-old dispute over a failed arms deal dating back to 1979. U.S. officials have acknowledged the payment of the first $400 million coincided with Iran’s release of American prisoners and was used as leverage to ensure they were flown out of Tehran’s Mehrabad on the morning of Jan. 17.

 

The revelations come as Congress returns from a summer recess with Republicans vowing to pursue charges that the White House paid ransom to Tehran, a charge President Barack Obama has repeatedly rejected. Sen. Marco Rubio (R., Fla.) introduced legislation on Tuesday that would bar such payments to Iran in the future and seeks to reclaim the $1.7 billion for victims of Iranian-backed terrorism. 

 

The Obama administration briefed lawmakers on Tuesday, telling them that two further portions of the $1.3 billion were transferred though Europe on Jan. 22 and Feb. 5. The payment “flowed in the same manner” as the original $400 million that an Iranian cargo plane picked up in Geneva, Switzerland, according to a congressional aide who took part in the briefing.

 

The $400 million was converted into non-U.S. currencies by the Swiss and Dutch central banks, according to U.S. and European officials.

The Treasury Department confirmed late Tuesday that the subsequent payments were also made in cash.

 

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