In a display of breathtaking duplicity, former secretary of state for the Obama administration, John Kerry, said of the billions of dollars the Obama administration freed up for Iran, “We gave them a little bit of money.”
Kerry and former President Obama have been in hot water recently for releasing billions of dollars to the Iranian regime which Trump administration officials say directly funded Iran’s terror projects in the Middle East and beyond, killing hundreds of American troops as well as thousands of others.
The “little bit” Kerry was referring to was the $1.7 billion that was essentially paid as ransom to the Iranian regime after the Iran deal was made to free American prisoners falsely imprisoned by Iran.
In addition, the Iran deal freed up $150 billion in sanctions relief by unfreezing Iranian assets held in banks around the globe. According to the Washington Post, the U.S. Treasury Department estimated Iran had about $55 billion left over and at its disposal after paying its debts.
Kerry, however, admitted that “money is fungible” and could be used to fund terror, as he did in 2016 when the payment was made.
On air, Kerry claimed that $1.3 billion of the $1.7 payment was interest owed to Iran for a past deal that wasn’t fulfilled, By paying Iran the money, Kerry claimed the Obama administration actually saved U.S. tax payer dollars.
At the time the $1.7 billion was paid, however, State Department officials admitted that the interest payment had been delayed for “prisoner leverage.”
U.S. officials also admitted that Iranians demanded the payment so they could could show they had gained “something tangible” from the prisoner exchange, despite the fact that the U.S. released seven Iranians detained or indicted in the U.S. for sanctions violations.
Kerry also claimed that Iran didn’t need the money at that time to fund the Islamic Revolutionary Guards Corps (IRGC). However, it was after the monies were freed up to Iran that the IRGC greatly increased its terror and expansionist campaigns in Syria, Yemen and Iraq.
Trump pulled out of the flawed deal in May 2018.