US Releases $6bn In Frozen Iran Funds For Swapping 5 American Prisoners

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BBC: US releases $6bn in frozen Iran funds for prisoner swap 

The US has issued a sanctions waiver for banks to transfer $6bn (£4.8bn) of frozen Iranian funds from South Korea to Qatar, paving the way for the release of five Americans held by Iran. Secretary of State Antony Blinken told Congress that the money would provide “limited benefit” to Iran as it could only be used for humanitarian trade. 

He also confirmed that five Iranians detained in the US would be freed as part of the prisoner exchange deal. Republicans condemned the transfer. One senator accused President Joe Biden of paying a “ransom to the world’s worst state sponsor of terrorism”.  

Read more ….  

WNU Editor: Iran’s President has already said what he is going to do with the money …. Iranian president reveals plans for spending $6 billion gained in US prisoner exchange (FOX News). 

Needless to say. Republicans are furious …. Cotton: Biden’s decision to release $6 billion in frozen Iranian funds ‘shameful’ (The Hill). more here …. Donald Trump Rages at US Paying ‘6 Billion Dollars for Hostages’ (Newsweek). 

 US Releases $6bn In Frozen Iran Funds For Swapping 5 American Prisoners  

The US moves to advance a prisoner swap deal with Iran and release $6 billion in frozen funds — AP

U.S. advances deal with Iran to swap prisoners, free frozen oil funds — Washington Post 

US clears way for deal with Iran to free detained Americans — ABC News

Biden admin takes step advancing deal to free Americans held in Iran by issuing waiver for transfer of restricted Iranian funds to Qatar — CNN

US agrees to release $6bn in Iran funds as part of deal to free detained Americans — The Guardian

Factbox: Iranian-American prisoners involved in swap, fund release — Reuters