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How Iran Can Use the $6 Billion Involved in the Release of 5 Americans

he Iranian government now has access to $6 billion of their funds to be used for humanitarian purposes as a part of a wider deal that allowed five Americans who had been imprisoned in Iran to go free. The money – which had been held in restricted accounts in South Korea before being transferred to different restricted accounts in Qatar via banks in Europe – is a a key part of the deal. Iranian and US officials were notified by Qatar on Monday that the transfer had finished, according to a source briefed on details of the matter.

While the Iranian government claims it can use the money however it pleases, the Biden administration has repeatedly stressed that the funds are narrowly limited to non-sanctionable purchases like food and medicine, and that they will be subject to strict oversight. Moreover, US officials have made clear that the funding, which is Iran’s, not from US taxpayer dollars, is not under the control of the Iranian government.“These funds are paid to vetted third-party vendors for food, medicine, medical products and agricultural products to go into Iran over a period of years. If there is any diversion, we’ll know it and we’ll lock up these accounts,”

Source: CNNPOLITICS

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