US paid Iran $1.3 billion in cash to settle old dispute
By Daniel Halper
August 16, 2016 | 2:17pm |
US Secretary of State John Kerry (right) meets with Iranian Foreign Minister Javad Zarif at UN headquarters in April 2016.
WASHINGTON — The Obama administration’s $400 million payoff to Iran was followed by a second transfer of $1.3 billion, it was reported Tuesday.
President Obama took considerable flak for the first payment, which coincided with the release in January of four Americans being held by Tehran.
Critics charged that the move smacked of ransom, which the US has pledged never to pay.
The $400 million was the first installment of a $1.7 billion settlement with Iran to resolve a dispute over a failed arms deal signed before the 1979 fall of the shah.
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http://nypost.com/2016/08/16/us-paid-iran-1-3-billion-in-cash-to-settle-old-dispute/
