AUGUST 23, 2016 8:00 PM
Mystery still surrounds payout to Iran
(WFB) – The Obama administration is withholding from Congress details about how $1.3 billion in U.S. taxpayer funds was delivered to Iran, according to conversations with lawmakers, who told the Washington Free Beacon that the administration is now stonewalling an official inquiry into the matter.
The Departments of State, Treasury, and Justice have all rebuffed a congressional probe into the circumstances surrounding the $1.3 billion payment to Iran, which is part of an additional $400 million cash payout that occurred just prior to the release of several U.S. hostages and led to accusations that the administration had paid Iran a ransom.
The Obama administration has admitted in recent days that the $400 million cash delivery to Iran was part of an effort to secure the release of these American hostages, raising further questions on Capitol Hill about White House efforts to suppress these details from the public.
The $400 million was part of a $1.7 billion legal settlement reached with Iran earlier this year. Congressional inquiries into how this money reached Iran are failing to get answers.
…”While we are deeply concerned about the national security implications of the administration’s cash-for-hostages scheme, especially in light of reports that Iran has already arrested additional Americans, the purpose of this letter is to inquire about the legality of the payment,” the senators wrote in an Aug. 12 letter.
“It is imperative that the administration provide a full accounting of its conduct with respect to the $400 million cash payment to Iran,” they wrote. “If the administration violated the law, then Congress and the American people should be made aware of it so that they can hold the appropriate officials accountable and take whatever steps necessary to strengthen the law and prevent any reoccurrence.”
While the administration has remained silent about the circumstances surrounding the payment, investigative reporter Claudia Rosett recently disclosed that the Treasury Department transferred just under $1.3 billion to the State Department in 13 “large identical sums.”
The funds, allocated for “foreign claims,” could shine a light on how the administration moved taxpayer funds into the State Department’s purview in order to provide the additional payment to Iran.
In 13 individual payments of $99,999,999.99, the Treasury Department moved a total of 1,299,999,999.87, which roughly amounts to the remaining money owed to Iran.
Aug 12, 2016 Letter from Senator Ted Cruz and Senator Mike Lee to Secretary of State Kerry, Secretary of Treasury Lew and Attorney General Lynch
The $400 Million: Legal but Not Right
Obama’s money drop to Iran raises questions: Why cash, and why in an unmarked plane? The explanation isn’t pretty.
By Michael B. Mukasey Aug. 4, 2016 7:23 p.m. ET
If you want a piece of evidence that not everything that is lawful is also right, look no further than the Obama administration’s January shipment of $400 million in euros and Swiss francs to Iran—in cash in an unmarked cargo plane.
Report: US airlifted $400 million to Iran as detained Americans were released
The U.S. government airlifted the equivalent of $400 million to Iran this past January, which occurred as four detained Americans were released by Tehran, the Wall Street Journal reported Tuesday.
The cash transfer was the first installment paid in a $1.7 billion settlement the Obama administration reached with Iran to resolve a failed 1979 arms deal dating from just before the Iranian Revolution.