Obama on Cash Payment to Iran: 'This Wasn't Some Nefarious Deal' | NBC 10 Philadelphia
National & International News
The day’s top national and international news

Obama on Cash Payment to Iran: 'This Wasn't Some Nefarious Deal'

Kerry said the payment was part of a deal under the then-U.S.-backed shah to buy $400 million worth of military equipment in 1970s

    processing...

    NEWSLETTERS

    Getty Images
    President Barack Obama speaks to the media after a meeting with Secretary of Defense Ash Carter and members of the Joint Chiefs of Staff, at the Pentagon, Thursday, August 4, 2016.

    A $400 million pallet of cash delivered to the Iranian government at the same time a complicated nuclear deal was settled and four Americans were released was unrelated and not a ransom, President Obama and Secretary of State John Kerry said Thursday. 

    "We announced these payments in January," Obama said at a news conference Thursday afternoon, saying "this wasn't some nefarious deal."

    His comments echoed Kerry's comments made earlier in the day, when he flatly denied any connection between the cash — and an additional $1.3 billion interest payment — and the implementation of the nuclear deal and the prisoner swap that all occurred in rapid succession. The payment was part of a decades-old dispute over a failed military equipment deal dating to the 1970s, before the Islamic revolution in 1979. 

    Both Obama and Kerry flatly denied that the payment was a ransom. 

    NC Santa Fired for Fat-Shaming Boy

    [NATL] Santa Fat-Shames Boy, Gets Fired, in North Carolina
    A North Carolina Santa Claus is on the naughty list and out of a job after he was accused of fat-shaming a little boy. The 9-year-old boys mother says that as he hopped down from Santa's lap in Forest City over the weekend, Santa told him to lay off the hamburgers and French fries, turning Christmas cheer into Christmas tears. (Published 6 hours ago)

     

    "We were completely open about it," Obama said. "We do not pay ransom for hostages."

    "We were completely open about it," Obama said, adding, "We do not pay ransom for hostages."

     

    Watch: Senators Pay Tribute to Joe Biden With Speeches

    [NATL] Watch: Senators Pay Tribute to Joe Biden With Humor, Remembrances
    Vice President Joe Biden was honored with an emotional bi-partisan tribute on the Senate chamber floor on Dec. 7. 2016. Senators on both sides of the aisle were on the same page as they stepped up to express their admiration and gratitude to the outgoing vice president. An emotional Biden sat in the presiding chair during the moving tribute, which latest for more than two hours as lawmakers celebrated their colleague. (Published Thursday, Dec. 8, 2016)

    "The United States does not pay ransom and does not negotiate ransoms," Kerry told reporters in Buenos Aires. "It is not our policy. This story is not a new story. This was announced by the president of the United States himself at the same time." 

    Kerry said the payment was part of a deal under the then-U.S.-backed shah to buy $400 million worth of military equipment in 1970s. The equipment was never delivered because in 1979, his government was overthrown and revolutionaries took American hostages at the U.S. embassy in Tehran. The U.S. and Iran have been negotiating the Iranian claim to the money since 1981, and Kerry said that negotiation was separate from the nuclear deal and discussions about Americans held in Iran. 

    He said the settlement agreement ultimately saved U.S. taxpayers what could have been billions of dollars in additional interest. 

    "We believe this agreement ... actually saved the American taxpayers potentially billions of dollars," Kerry said. "There was no benefit to the United States of America to drag this out." 

    Kerry also said he is unaware of any video showing the arrival of a pallet of cash in Iran, which Republican presidential nominee Donald Trump cited at a rally on Wednesday.