Iran Sanctions Relief Includes More than $10 Billion in Cash, Gold

(Wall Street Journal) Carol E. Lee and Jay Solomon - In the three years since a preliminary nuclear deal was struck with Iran, Tehran has received more than $10 billion in sanctions relief in the form of cash and gold, according to U.S. officials. Some contend that the shipments of cash and gold, a highly liquid form of money, can be used to fund Iran's allies in the region, including the Assad regime in Syria, Hizbullah, and the Houthis in Yemen. "Forking over cash and gold to the world's leading state sponsor of terror is incredibly dangerous," said Rep. Ed Royce (R-Calif.), chairman of the House Foreign Affairs Committee, who sponsored a House-passed bill to ban such payments.

2017-01-02 00:00:00

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