Just in:
Petrochemical Storm Clouds Gather Over Saudi Arabia // Abu Dhabi Environment Agency Endorses ADNOC’s Decarbonization Push // NEOM welcomes leading industry figures and investors to Hong Kong showcase as part of its ‘Discover NEOM’ China tour // Abu Dhabi Launches ‘Medeem’ Initiative to Promote Emirati Values in Marriage // Electric Cars Get Refueled, Not Charged: Obrist HyperHybrid Ready for Production // Takeoff After Turbulence: Flydubai Restarts Operations at Dubai International Airport // KL Home Care Commits To Excellence Professional Maid Services For The Residents Of Hong Kong // Emirates Offer Support as Wildfires Ravage Greece // Hong Kong’s R&D Receives International Recognition HKPC’s “InspecSpider” Wins Prestigious “Edison Award” in Innovation Field // Andertoons by Mark Anderson for Fri, 19 Apr 2024 // Keung To Trams Return! “KeungShow HKFanClub” Sponsor Free Tram Rides for All on 30 April to Celebrate Keung To’s 25th Birthday // A Feast Without Footprint – Shiok Kitchen Catering Redefines Delicious Dining with Carbon Neutral Catering // I’m still learning how to answer this question. In the meantime, try Google Search. // Tech Giant Discharges Workers Following Disruptive Protest // On Its 100 Years Anniversary, LUX Aims to Change Feminine Identity With ‘In Her Name’ // DFA Hong Kong Young Design Talent Award 2024 // AI Race Heats Up: Meta Unveils Powerful New Llama // Navigating Business Setup in Dubai: A Comprehensive Guide by Czar Bizserv // Sharjah Charity International Extends Helping Hand to Flood Victims // Boeing Eyes 2030 Launch for Electric Flying Cars //

$400 Million Cash Payment to Iran Fuels Latest Campaign Dispute

WASHINGTON — A cash payment of $400 million delivered to Iran in January became part of the presidential campaign on Wednesday, as Donald J. Trump seized on the money transfer as a sign of what he called the administration’s failed foreign policy — prompting a forceful White House rejection.

Josh Earnest, the White House press secretary, said the payment to Iran was part of the resolution of a longstanding financial dispute between the two nations, and was delivered in cash on pallets because the two nations do not have a banking relationship.

Mr. Earnest also denounced the assertions from some Republicans that the $400 million in foreign currency delivered to Iran was a ransom for four Americans released at the time. He compared the statements from Republicans to those of conservatives in Iran who oppose the nuclear agreement.

ADVERTISEMENT

The existence of the payment was disclosed in January, and Mr. Earnest dismissed a Wall Street Journal report on Wednesday about the details of the cash payment as a “six-month-old news story” that is being pushed by opponents of the president’s nuclear deal with Iran.

“It’s an indication of just how badly opponents of the Iran deal are struggling to justify their opposition to a successful deal,” Mr. Earnest said.

The report about the cash payments — $400 million in euros, Swiss francs and other currencies flown to Tehran on a cargo plane — quickly sparked condemnation from opponents of Mr. Obama’s Iran negotiations, especially among Republicans.

Mr. Trump, the Republican nominee for president, posted Wednesday on Twitter that the payments amount to a scandal for Mr. Obama and for Hillary Clinton, the former secretary of state and the Democratic nominee for president.

“Our incompetent Secretary of State, Hillary Clinton, was the one who started talks to give 400 million dollars, in cash, to Iran. Scandal!” Mr. Trump wrote.

ADVERTISEMENT

Senator Marco Rubio of Florida, who has long been critical of the Iran nuclear deal, argued that the cash sent to Iran amounted to a ransom payment to get the detained Americans home.

Josh Earnest, the White House press secretary, talking to the media during a daily briefing at the White House on Wednesday.

Manuel Balce Ceneta / Associated Press

“Obama administration sent plane load of cash to #Iran as ransom as part of deal on hostages. Just unreal,” Mr. Rubio wrote on Twitter.

Senator Ted Cruz of Texas said in a statement that the cash payment shows that the Iran nuclear deal “is nothing but a series of bribes and secret agreements that will do nothing to prevent Iran from reaching nuclear capability, yet will provide funding for their sponsorship of terrorism and encourage them to detain more of our citizens.”

Mr. Earnest angrily denounced those allegations as “a false claim that this is somehow a ransom payment” and repeatedly said: “Let me be clear, the United States does not pay ransom for hostages.”

He accused people like Mr. Rubio and Mr. Trump of seizing on the new details about the cash transfer to continue trying to undermine the nuclear agreement.

“They are once again in a position of making the same argument as hard-liners in Iran in an attempt to undermine the nuclear agreement,” Mr. Earnest said.

The dispute over the payment to Iran centers on a series of deals that emerged from negotiations between American diplomats and Iranian officials that culminated in announcements in January.

At the time, the United States announced a deal with Iran to limit its nuclear program, but it also announced separate agreements to release four Americans held in Iran, and a third agreement to resolve a longstanding claim by Iran over money held in United States banks.

The financial dispute involved money that Iran had sent to the United States in 1979 to purchase weapons. Those weapons were not delivered after the shah of Iran was overthrown, and the money was never returned to Iran, which had demanded in The Hague that they were owed the money, plus interest charges.

Mr. Obama has long argued — and Mr. Earnest repeated on Wednesday — that the agreements were separate, though they were part of an effort by the United States to capitalize on improving relations between the two nations.

On Wednesday, Mr. Earnest said that the news reports noting that the payments were made in cash did not bolster claims by critics that they amounted to a ransom payment.

“I understand the interest in details that make a more colorful story,” Mr. Earnest said. But he added: “Critics of the deal have lost this argument.”

Let’s block ads! (Why?)

(via NY Times)

ADVERTISEMENT

ADVERTISEMENT
Just in:
Gen Zs Trust User and Expert Insights on Shopee // Tech Giant Discharges Workers Following Disruptive Protest // NEOM welcomes leading industry figures and investors to Hong Kong showcase as part of its ‘Discover NEOM’ China tour // Petrochemical Storm Clouds Gather Over Saudi Arabia // Saadiyat Grove Set for Smart Transformation Through Aldar-Siemens Alliance // Hong Kong’s R&D Receives International Recognition HKPC’s “InspecSpider” Wins Prestigious “Edison Award” in Innovation Field // Abu Dhabi Environment Agency Endorses ADNOC’s Decarbonization Push // Takeoff After Turbulence: Flydubai Restarts Operations at Dubai International Airport // Navigating Business Setup in Dubai: A Comprehensive Guide by Czar Bizserv // Abu Dhabi Launches ‘Medeem’ Initiative to Promote Emirati Values in Marriage // AI Race Heats Up: Meta Unveils Powerful New Llama // Keung To Trams Return! “KeungShow HKFanClub” Sponsor Free Tram Rides for All on 30 April to Celebrate Keung To’s 25th Birthday // KL Home Care Commits To Excellence Professional Maid Services For The Residents Of Hong Kong // On Its 100 Years Anniversary, LUX Aims to Change Feminine Identity With ‘In Her Name’ // Sharjah Charity International Extends Helping Hand to Flood Victims // DFA Hong Kong Young Design Talent Award 2024 // I’m still learning how to answer this question. In the meantime, try Google Search. // Emirates Offer Support as Wildfires Ravage Greece // Galaxy Macau Unveils the New Galaxy Kidz: An Edutainment Center for Play Time // A Bridge Between Deserts and Rainforests: UAE and Costa Rica Forge Economic Ties //