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Editor/Founder: Bill Smith, Ph.D. [aka: OzarkGuru & 2010 AFP National Blogger of the Year]
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One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors. -- Plato (429-347 BC)

Sunday, February 07, 2016

Top House Republican Demands Sec. Kerry Explain $1.7 Billion Iran Payment

Special Operations Speaks: The chairman of the House Foreign Relations Committee demanded Wednesday that Secretary of State John Kerry explain a $1.7 billion settlement paid to Iran that some Republicans have described as a "ransom" tied to last month's release of five American prisoners.

Rep. Ed Royce, R-Calif., complained in a letter to Kerry that his committee was not consulted about the payment. The Obama administration claimed the agreement was made to settle a dispute with Iran over $400 million in frozen funds that dated back to 1979. The remaining $1.3 billion was described by the Obama administration as "interest".

"It is unclear how this $1.7 billion payment is in the national security interests of the United States," Royce wrote.

Royce's letter included 10 questions to Kerry about the settlement. Among them are how the administration calculated the $1.3 billion "interest" on the payment, a timeline of negotiations over the payment since this past summer's nuclear deal, and why the money was not used to "compensate American victims of Iranian terrorism who have been awarded judgments against Iran."

Royce's letter also asks for a list of U.S. officials who participated in negotiations with Iran over the payment, the prisoner release and the nuclear agreement. . . .

State Department spokesman John Kirby confirmed to Reuters that Royce's letter had been received.

"As with all Congressional correspondence, we'll respond as appropriate," Kirby said. Royce's letter gives Kerry until Feb. 17 to respond to his questions. Read more at Fox News

Tags: House Republicans, demand, explaintion, Secretary of State, John Kerry, 1.7 Billion Payment, Iran To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
Posted by Bill Smith at 3:26 PM - Post Link

1 Comments:

Blogger Bill Smith said...

Especially after Iran Ends Oil Transactions In U.S. Dollars - CBS News http://www.cbsnews.com/news/iran-ends-oil-transactions-in-us-dollars/

2/07/2016  

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