5 Things You Need to Know About the $400 Million A
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What Did the White House Say About the $400 Million…and When Did They Say It?
WHY NOT BE OPEN ABOUT THE DEAL AND HIDE IT?
The U.S. announced the controversial nuclear deal with Iran on July 13, 2015. At a news conference on January 16, President Obama declared that the U.S. was lifting the first raft of sanctions against Iran. He also stated that the U.S. would return $1.7 billion to Iran, as agreed in the negotiations at the Hague.
That same day, Tehran released the U.S. hostages , and the U.S. freed seven Iranians detained for violating financial and other U.S. sanctions on their home country. Hence, the return of the five Americans appeared to be one side of a prisoner exchange with Tehran.
But Obama didn’t mention that the same day, $400 million was being shipped over 6000 miles for deposit in Iran’s treasury.
“Normally you’d use a bank transfer,” says Sick. “But Congress banned dollar transfers to Iran, so the government had to find another way. So they bought foreign currency, and transferred it in cash.”
http://fortune.com/2016/08/05/money-america-iran/