Obama administration acknowledges $1.7B transfer to Iran was all cash
September 6, 2016 / 9:42 PM EDT / AP
WASHINGTON D.C. -- The Obama administration is acknowledging its transfer of $1.7 billion to Iran earlier this yearwas made entirely in cash, using non-U.S. currency.
A Treasury spokeswoman says the cash payments were necessary because of the “effectiveness of U.S. and international sanctions,” which isolated Iran from the international finance system
Misconception: The Iran Deal stopped Iran’s Nuclear Program
The Facts:
The objective of the JCPOA was to verifiably constrain Iran’s nuclear program and impede progress towards a
nuclear weapon. However,
the agreement does permit Iran to keep a comparatively small amount of monitored
low-enriched uranium. Thus, the Iran Deal does not extinguish all Iranian nuclear activity, but constrains and
restricts Iran’s ability to obtain a nuclear weapon