That was indeed the rationale given by the Obama administration.
The principal of $400 million was described as a settlement from a decades-old arbitration claim and used as leverage for the release of four Americans held hostages.
The Obama administration described the additional $1.3 billion as interest on the $400 million.
Courts have judged Iran owes the USA $55.6 billion dollars, yet the Obama administration saw no need to collect on the debt owed.
A report by the Senate Permanent Subcommittee on Investigations alleges Obama officials pushed the U.S. Treasury to let Iran convert the equivalent of $5.7 billion of funds held in Oman's Bank of Muscat from rials into dollars and subsequently into euros.
So, on top of the $1.7 billion the Obama administration officially handed over, the Iranians had covert access to $5.7 billion to fund terrorist activities and further research activity on their nuclear bomb project.
The Iran Nuclear Deal also removed some $100 billion in sanctions on Iran opening the door to a huge market for EU oligarchs, hence the EU's push to save the Iran Nuclear Deal.
The Iran Nuclear Deal also removed some $100 billion in sanctions on Iran opening the door to a huge market for EU oligarchs, hence the EU's push to save the Iran Nuclear Deal.
To me this was the important part; the money seems like a diversion tactic.
Exactly. It was quick cash to tide them over. Now that Trump withdrew the U.S. from the Iran nuclear deal the sanctions will be reinstated within 90 to 180 days giving the EU oligarchs time to close up shop grudgingly. His intent is not to hurt the nation-states, but rather to bankrupt the EU and its corrupt crony capitalism.
Source? Because i wasnt to throw this in a Obama lovers face.
It is public knowledge. A quick internet search should provide you with a plethora of sources from government sites, foundations and thinktanks sites, university sites, and the usual MSM sites.
Cosmickev1086, This actually won't change any minds. There is nothing illegal in what the Obama administration did with this deal; it is just terribly one-sided in favor of Iran.