Posted on 05/13/2018 10:46:41 AM PDT by bitt
The Obama administration is acknowledging its transfer of $1.7 billion to Iran earlier this year was made entirely in cash, using non-U.S. currency, as Republican critics of the transaction continued to denounce the payments. Treasury Department spokeswoman Dawn Selak said in a statement late Tuesday that the cash payments were necessary because of the "effectiveness of U.S. and international sanctions," which isolated Iran from the international finance system. The $1.7 billion was the settlement of a decades-old arbitration claim between the U.S. and Iran. An initial $400 million of euros, Swiss francs and other foreign currency was delivered on pallets Jan. 17, the same day Tehran agreed to release four American prisoners. The Obama administration had claimed the events were separate, but recently acknowledged the cash was used as leverage until the Americans were allowed to leave Iran. The remaining $1.3 billion represented estimated interest on the Iranian cash the U.S. had held since the 1970s. The administration had previously declined to say if the interest was delivered to Iran in physical cash, as with the principal, or via a more regular banking mechanism.
Earlier Tuesday, officials from the State, Justice and Treasury departments held a closed-door briefing for congressional staff on the payments, according to a Capitol Hill aide familiar with the session. The officials said the $1.3 billion was paid in cash on Jan. 22 and Feb. 5. The aide was not authorized to speak publicly and requested anonymity.
The money came from a little-known fund administered by the Treasury Department for settling litigation claims. The so-called Judgment Fund is taxpayer money Congress has permanently approved in the event it's needed, allowing the president to bypass direct congressional approval to make a settlement. The U.S. previously paid out $278 million in Iran-related claims by using the fund 1991
(Excerpt) Read more at latimes.com ...
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Using “non-US currency” ... Euros?
I always wonder:
How much of that cash was deposited into the treasury of Iran, and how much was skimmed off, by the guys who drive forklifts and trucks and met the plane at the airport?
Unbelievable.
In two ways... most important: If the santions were working, why screw them up? What was the benefit? Mullah-goodwill?
The second... It’s hard to believe that with the signing of a $150 billion deal, with subsequent instructions to banks, that anonymous cash payments were going to be necessary. Maybe the Iranians didn’t believe and wanted cash on the barrelhead. Real bazaar mentality there.
And, Obama went right along with it, either as rube or as co-conspirator.
A great way to enable Iran to have untraceable funding to terrorists. Destruction of western civilization seems to be the goal.
Even if we’re saying that Iran was isolated from the international banking system and all that, with the lifting of such sanctions, wouldn’t they be reconnected?
And upon reconnection, wouldn’t we then simply wire the money to them? Was there really a need to dig up all the cash in foreign currencies to pay them in that manner?
Who accounted for the cash at both ends? And do we know that the people in Iran deposited the money into the proper bank accounts, and that none of the presumeably untraceable cash was skimmed off by someone?
Oh please. Such silly juvenile explanations are only believed by the most naive and left side O’the Bell Curve denizens: journalists, international affairs, political science, sociology NS SJW majors.
Nice to know, but bammy is still a traitor, and his henchman kerry is one too.
“How much of that cash was deposited into the treasury of Iran, and how much was skimmed off, by the guys who drive forklifts and trucks and met the plane at the airport?”
You mean those guy who subsequently had both their hands cut off? You can identify them by their inability to wipe their own a$$es!
So isn’t Obama guilty of financing terrorism?
He can’t say the payments to Iran were approved by Congress or were under a valid treaty.
The Iranians didn’t even sign the agreement.
This was straight up paying the Iranian terrorist regime without legal authorization.
“Destruction of western civilization seems to be the goal.”
SEEMS TO BE?
My friends: The money is gone. We ain’t getting it back without the existence of an international mafia making them an offer they can’t refuse. My solution: Trump makes that offer to the Democrats. Give me that much money to play with or your people involved go to jail. The money will be used to take them out.
BRIBE MONEY supplied by Obama for Iran to use in BRIBING various Western and European officials to SUPPORT THE “IRAN DEAL”.
Just read the article. Seems legal. We shouldn’t waste our time. We owed them military equipment when the Shah fell. No delivery. Therefore we held on to the refund for 36 years.
What was left after the Clinton Foundation received their share, after Obama received his cut (or did Valerie Jarrett arrange that cut in another direction)?
$1.7 BILLION not exactly chump change . . .and our Veterans do without quality care!!!
No, we have no more control over foreign cash flown into Iran, than we do new electrical power equipment we fly into Puerto Rico.
Hogwash
Republicans have decried the payments as ransom, a charge the Obama administration has rejected.....a group of Republican senators announced their support for legislation that would bar payments from the Judgment Fund to Iran until Tehran pays the nearly $55.6 billion that U.S. courts have judged that it owes to American victims of Iranian terrorism.
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The US Treasury from the Obama era HAS a huge Rahm/Obama paper trail. One can get awfully rich awfully fast knowing the Fed's Treasury moves in advance.But the Iran connection could prove to be even more interesting considering the hundreds of millions Obama secretly gave to Iran.
RHAM EMANUEL'S TWO KEY JOBS Soon as they occupied the WH, Obama placed his COS Rahm Emanuel in control of the US Dept of the Treasury (oversees the IRS). PAUSE TO REFLECT First-term Obama had tight control of Treasury; Obama calculatedly placed his then-COS Rahm Emanuel in a dual role.......in the WH and at Treasury. Obama had a stranglehold on Treasury via COS Rahm Emanuel's dual role
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THE SMOKING GUN---WSJ REPORT--On Jan 20, 2009 Timothy Geithner was appointed Obama's Secy of the Treasury. But within three weeks, the Obama White House tightened its grip on Treasury. Obama put his COS, Rahm Emanuel, in charge of Treasury---Rahm Emanuel's dual role was an unusual move.
When he got to Treasury, WH COS Rahm Emanuel was so involved in the inner workings that the phrase "Rahm wants it" had become an unofficial mantra among subservient govt staffers, prostrate in obeisance, scurrying to accede to Rahm's wishes, according to Treasury government officials. Reported by WSJ / 05/31/09
More here: http://online.wsj.com/article/SB124113406528875137.html
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Pres Trump needs to suggest AG Sessions make an inquiry to the US Dept of the Treasury and be sure to ask what RAHM AND Obama were doing in the US Treasury after Obama got elected.
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