Obama-era license aimed to let Iran convert money in dollars

Associated Press ^ | Jun 06, 2018 8:29 AM EDT | Josh Lederman and Matthew Lee

[mewzilla]

BTTT.

[Diggity]

That explains why we flew cash to them.

[Eleutheria5]

From 1/93 to 1/2001, too.

[JohnBrowdie]

BUT, BUT, BUT . . . MUH RUSSIANS!! MUH RUSSIANS!!

[SunkenCiv]

under President Barack Obama, the Treasury Department issued a license in February 2016, never previously disclosed, that would have allowed Iran to convert $5.7 billion it held at a bank in Oman from Omani rials into euros by exchanging them first into U.S. dollars. If the Omani bank had allowed the exchange without such a license, it would have violated sanctions that bar Iran from transactions that touch the U.S. financial system.

Thanks Olog-hai.

[itsahoot]

Obama should be hanging from a light standard.....

Lighten up he has worked hard to make that 110 million, nearly a year and a half, twice as long as it took Hillary.