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September 7, 2016 11:03 am
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Obama Admin Admits Transfer of $1.7 Billion to Iran as American Hostages Released

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Iranian Foreign Miniser Mohammad Javad Zarif, left, and US Secretary of State John Kerry. Photo: Wikipedia

Iranian Foreign Miniser Mohammad Javad Zarif, left, and US Secretary of State John Kerry. Photo: Wikipedia

The Obama administration disclosed to Congress on Tuesday that it transferred a total of $1.7  billion in cash through Swiss banks to Iran around the time American hostages were released this year, about four times the amount originally disclosed to the public, sources told Circa.

The news was delivered by the State, Defense and Treasury Departments in a private briefing to congressional staff who went into the meeting thinking they were learning more detail about the $400 million in payments originally reported in the news media.

Read full story at Circa.

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