The Obama administration has admitted paying Iran $1.7billion entirely in cash to settle a decades-old debt over an aborted arms deal (pictured, part of that payment)
WSJ: U.S. Transferred $1.3 Billion More in Cash to Iran After Initial Payment
First $400 million coincided with Iran’s release of American prisoners and was used as leverage, officials have acknowledged
The Obama administration followed up a planeload of $400 million in cash sent to Iran in January with two more such shipments in the next 19 days, totaling another $1.3 billion, according to congressional officials briefed by the U.S. State, Treasury and Justice departments.
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.
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Update #1: Obama administration admits paying entire $1.7billion Iran bill in CASH from little-known fund of taxpayer money (Daily Mail)
Update #2: US made $1.7 billion transfer to Iran in foreign cash, Treasury says (FOX News)
WNU Editor: This story gets better with each passing week.