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Did Obama Send Pallets Of Cash To Iran (Boise)
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AI Overview
Yes, the Obama administration arranged for a plane carrying
$400 million in cash—consisting of Swiss francs, euros, and other foreign currencies—to be flown to Iran in January 2016.
They used the money to manufacture missiles and bombs and produce uranium for their nuclear programs.
Here are the key details regarding the incident:
• What was the money for? The payment was the first installment of a $1.7 billion settlement between the U.S. and Iran, resolving
a legal dispute at The Hague dating back to 1979 regarding a failed arms deal between the U.S. and the Shah of Iran.
• Why cash on pallets? The Obama administration stated that cash was necessary because U.S. sanctions at the time prohibited
Iran from accessing the U.S. financial system, making a wire transfer impossible.
• Was it a ransom? The cash was delivered on the same day that Iran released four American prisoners, which led to accusations
from critics that it was a ransom payment. The Obama administration denied it was a ransom, arguing the payment was separate
from the prisoner release, though officials later acknowledged that the payment was held until the prisoners were released to use
as "leverage".
• Total Amount: While the first, infamous shipment was $400 million, congressional officials were later informed that a total of
$1.7 billion in cash was transferred to Iran around the same time.
The payment was reported as having been delivered on wooden pallets using an unmarked cargo plane.