Kerry: The $400m secret-cash ransom to Iran was supposed to save Americans money

Kerry: The $400m secret-cash ransom to Iran was supposed to save Americans money
Profiles in courage. (Image: Screen grab of AP video via YouTube)

[Ed. – Well, there you go.  It was all about pinching pennies.  For your protection.]

Secretary of State John Kerry said at a press conference in Argentina today that a $400 million cash payment to Iran that was delivered the same day in January that Iran released five Americans it had been detaining was not ransom but was a move to “save the American taxpayers dollars.”

In part of his response to a reporter’s question about the payment, Kerry quoted from a statement President Barack Obama made back in January, when the Americans were released by Iran and the Iran nuclear deal was finalized.

As Kerry noted, Obama said then: “The United States and Iran are now settling a longstanding Iranian Government claim against the United States Government. Iran will be returned its own funds, including appropriate interest, but much less than the amount that Iran sought.”

“So,” Kerry said at his Argentina press conference, “we believe this agreement for the $400 million that was paid in interest in settlement of the case actually saved the American taxpayer potentially billions of dollars because if that case kept going and came to fruition in the court system, the adjudication could have been for significantly more money–and probably would have been–rather than have a settlement for an immediate cash payout.”

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