Trump slams Congress, FBI for not investigating Obama's payment to Iran

Image
IANS Washington
Last Updated : Feb 19 2018 | 1:45 AM IST

US President Donald Trump on Sunday criticised Congress, the FBI and the Department of Justice for not investigating the Barack Obama government's 2016 payment of hundreds of millions of dollars to Iran to resolve an international dispute.

"Never gotten over the fact that Obama was able to send $1.7 billion in CASH to Iran and nobody in Congress, the FBI or Justice called for an investigation!" Trump wrote on his Twitter account.

In January 2016, the Obama administration sent Iran $400 million in euros, Swiss francs and other currencies, which were transported from Geneva by plane, Efe reported.

The payment was the first portion of the $1.7 billion that the US promised to pay to Tehran to resolve an international dispute that arose during the 1979 Islamic Revolution. According to the Obama government, the funds belonged to Iran but had been in US custody for decades.

The first payment sparked controversy because the White House did not hand over the money to Iran until an aircraft carrying three US citizens recently released from prison by Tehran left the Middle Eastern country.

The Republican opposition accused the Obama government of having paid ransom to Iran for the release of the Americans, something the White House denied, saying that it simply wanted to ensure that Tehran fulfilled its promise to release the prisoners before dispatching the funds that were to be returned to Iran anyway.

The payment came as part of the 2015 nuclear deal among the US, Iran and five other world powers and sought to compensate Tehran with $400 million for the Shah government's never-fulfilled purchase of military equipment before the rupture of US-Iranian diplomatic relations, along with $1.3 billion in interest.

Trump has threatened to withdraw the US from the nuclear pact with Iran and has given an ultimatum to Washington's European allies to negotiate -- before mid-May -- a revised agreement that corrects the "defects" of the multilateral pact that ostensibly reined in Tehran's nuclear programme.

--IANS

qd/

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Feb 19 2018 | 1:40 AM IST

Next Story