Iran said, “Give us Cash”; Obama replied, “How much ?”…”$400 million cash payment was part of a larger $1.7 billion settlement with Iran, the remainder of which was also delivered in cash”

POLITICO
U.S. wire payments to Iran undercut Obama
by Louis Nelson
September 18, 2016

The United States made at least two separate payments to the Iranian government via wire transfer within the last 14 months, a Treasury Department spokesman confirmed Saturday, contradicting explanations from President Barack Obama that such payments were impossible.  Responding to questions at an Aug. 4 press conference about a $400 million payment delivered in cash to the Iranian government, Obama said, “[T]he reason that we had to give them cash is precisely because we are so strict in maintaining sanctions and we do not have a banking relationship with Iran that we couldn’t send them a check and we could not wire the money.” But a Treasury Department spokesman acknowledged on Saturday that on at least two occasions, the U.S. did make payments to the Iranian government via wire transfer READ MORE

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