<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=192888919167017&amp;ev=PageView&amp;noscript=1">
Thursday,  April 18 , 2024

Linkedin Pinterest
News / Nation & World

Obama denies payment to Iran was for ransom

U.S. paid Iran $400 million on same day as hostages released

By JOSH LEDERMAN and MATTHEW LEE, JOSH LEDERMAN and MATTHEW LEE, Associated Press
Published: August 4, 2016, 10:10pm

WASHINGTON — President Barack Obama vigorously denied on Thursday that a $400 million cash payment to Iran was ransom to secure the release of four Americans jailed in Tehran. He defended the transaction as evidence that the nuclear accord with Iran has allowed for progress on other matters.

“This wasn’t some nefarious deal,” Obama said during a news conference.

The money was delivered to the Iranian government in January, at the same time the nuclear deal was settled and the Americans were released. The payment was part of a decades-old dispute over a failed military equipment deal dating to the 1970s, before the Islamic revolution in 1979.

Obama also answered political questions at the news conference, pushing back at Republican nominee Donald Trump’s suggestions that the November election might be rigged, calling the assertion “ridiculous.” He said his advice to Trump, a candidate he has declared “unfit” for the presidency, was to “go out there and try to win the election.”

In regard to the presidential race, Trump and Democratic nominee Hillary Clinton will soon be receiving classified briefings, giving them access to sensitive information about national security and America’s military posture. Asked whether he was worried about Trump having access to such material, Obama said simply that those who want to be president need to start acting like it.

“That means being able to receive these briefings and not spread them around,” he said.

The president’s appearance before reporters followed an hours-long meeting with military leaders at the Pentagon on the fight against the IS group.

Obama said there have been gains in weakening IS in Iraq and Syria, but he conceded the extremist group still poses a threat to the U.S. as it shifts its tactics to carrying out attacks elsewhere in the world. While those attacks may result in less carnage, Obama said IS knows they still create “the kinds of fear and concern that elevates their profile.”

On Iran, Obama expressed surprise at criticism of his administration’s cash payment to settle a longstanding legal claim, adamantly rejecting claims that it was a ransom paid for the release of the four Americans.

He pointed out that the payment, along with an additional $1.3 billion in interest to be paid later, was announced by the administration when it was concluded in January, a day after the implementation of a landmark nuclear agreement with Iran. “It wasn’t a secret. We were completely open about it,” he said.

Obama allowed that the one piece of new information, first reported this week by The Wall Street Journal, was that the $400 million was paid in cash. It was delivered to Iran on palettes aboard an unmarked plane.

“The only bit of news is that we paid cash,” he said.

Loading...