Friday, August 5, 2016

How Iran spent its $400M ‘ransom’ windfall | New York Post

How Iran spent its $400M ‘ransom’ windfall | New York Post: Now that we know President Obama paid Iran $1.7 billion — $400 million in cold hard cash loaded on a secret flight — to ransom four American captives, comes an obvious question: What did Tehran do with all that money?

To hear Team Obama tell it, Iran’s windfall went for strictly benign purposes.

Just last week, CIA Director John Brennan claimed the money Iran is getting under Obama’s nuclear deal “is being used to support its currency” and “build up its infrastructure.”

We doubt that’s true of all the hundred-billion-plus in sanctions relief — and we know it’s not true of the ransom payout.

As Bloomberg’s Eli Lake reported in June, the money — a settlement of Iranian legal claims dating back to 1981 — is going straight to the military.

See original work for more on this and other stories.

No comments:

Post a Comment

Spamming will be removed.

Due to spamming. Comments need to be moderated. Your post will appear after moderated regardless of your views as long as they are not abusive in nature. Consistent abusive posters will not be viewed but deleted.

Note: Only a member of this blog may post a comment.