A recent transfer to Iran of $1.7 billion worth of foreign currency and hard assets, including gold, turns out to be only a drop in the bucket to the massive payout of nearly $40 billion to the Muslim nation by the Obama Administration.
- TRUNEWS has been closely following this story, as it appears that the administration of Barack Hussein Obama had negotiated a settlement of the payment for hostages. On September 9th, TRUNEWS reported that Mark Dubowitz, the Executive Director for Foundation for Defense of Democracies, had testified to Congress that the Obama administration may have sent Iran $33.6 billion in cash, gold, and other precious metals, as part of the historic nuclear agreement.
- According to the Washington Free Beacon, Iran is estimated to have spent at least $37.4 million in recent U.S. cash payments to fund its global terrorism operation, including organizations responsible for the murder of U.S. citizens.
- The recent $1.7 billion cash payment to Iran—which is being described by many in Congress as a ransom payment to the Islamic Republic—will be used in part to fund Iran’s leading military organization, the Islamic Revolutionary Guard Corps (IRGC), which is responsible for orchestrating terror attacks that have killed Americans.
- The new research comes amid a growing scandal over the Obama administration’s decision to hand Iran billions in cash as part of an effort to secure the release of several U.S. hostages earlier this year. The $1.7 billion payment coincided to the day of the most recent release of hostages.
- Leading lawmakers now suspect that the IRGC played a key role in assuming control of this cash, which the White House has admitted to putting directly in Iranian hands, the Free Beacon disclosedMonday evening.
When viewed in light of Iran’s current spending levels, it is expected the Islamic Republic will use at least $37.4 million of this $1.7 billion to fund IRGC operations, which have led to bloody battles in Syria and terrorist attacks across the globe, according to the American Action Forum, a non-profit research organization headed by a former top congressional official.
Read the full story by Adam Kredo on The Washington Free Beacon