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Funding Islamic Jihad: Obama Admin May Have Paid as much as $33.6 Billion in Cash and Gold to Iran

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Published on: September 10, 2016

It is becoming clearer that the Obama administration is one of the most treasonous administration’s in our nation’s history. I’ve documented their financing and supplying of weapons to the Muslims Brotherhood here. However, with the recent admissions that the administration illegally paid $1.7 Billion to Iran, it’s now being reported that Iran may have received as much as $33.6 Billion in cash and gold from the Obama administration.

The Washington Free Beacon reports:

Iran may have received an additional $33.6 billion in secret cash and gold payments facilitated by the Obama administration between 2014 and 2016, according to testimony provided before Congress by an expert on last summer’s nuclear agreement with Iran.

Between January 2014 and July 2015, when the Obama administration was hammering out the final details of the nuclear accord, Iran was paid $700 million every month from funds that had previously been frozen by U.S. sanctions.

A total of $11.9 billion was ultimately paid to Iran, but the details surrounding these payments remain shrouded in mystery, according to Mark Dubowitz, executive director at the Foundation for Defense of Democracies.

Mr. Dubowitz testified before the House Financial Services Committee, “In July, the Associated Press cited U.S. officials who estimated that Iran ‘brought home less than $20 billion.’ Were these funds repatriated to Tehran in cash or in gold and precious metals? Through the formal financial system? Or through some combination?”

“The administration should also clarify if the $20 billion dollars is inclusive of the $11.9 billion in [Joint Plan of Action] funds, or if the $20 billion was in addition to the $11.9 billion,” he added. “Either way, it is important to understand how funds were sent. The worst-case scenario here is that Iran may have received as much as $33.6 billion in cash or in gold and other precious metals.” 

Mr. Dubowitz also questioned the method for the payment of the $1.7 Billion to Iran.

“If the White House could only send cash to Iran from the start of the JPOA period through the Tribunal payment that could amount to a grant total of 33.6 billion,” he said. “Did any of this money go through the formal financial system? If so, the administration is not being truthful about the 1.7 billion. If many billions arrived in Iran on pallets [of cash] this would be a pretty astounding revelation.”

Paul Ahern, assistant general counsel for enforcement and intelligence at the Treasury Department, told House representatives, “Iran had to have it in cash,” Paul Ahern, assistant general counsel for enforcement and intelligence at the Treasury Department, told lawmakers. “Iran was very aware of the difficulties it would face in accessing and using the funds if they were in any other form than cash, even after the lifting of sanctions.”

Ahern added that a cash delivery “was the most reliable way that they received the funds in a timely manner and it was the manner preferred by the relative foreign banks,” Ahren said.

None of this should surprise any American who has been paying attention. This administration has been arming, training and funding Islamic jihadists. They have been arming Mexican drug cartels. They have illegally trafficked weapons in the Middle East, lost over 700,000 guns in Iraq & Afghanistan, and have engaged in lies, cronyism and violations of law that should have landed Obama into impeachment hearings and many of his administration under the thumb of justice.

However, it seems clear that it is not just a corrupt administration we must deal with, but also a corrupt Congress that has let the administration get away with their crimes.

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