Qatar Banks Obtained $6 Billion South Korea For US-Iran Prisoner Swap Report

$6 Billion Sent To Mediator Qatar For US-Iran Prisoner Swap: Report

Qatar acted because the mediator as a result of Washington and Tehran wouldn’t have diplomatic relations


Frozen funds totalling $6 billion have been transferred to Qatari banks beneath a US-Iran prisoner swap deal, with a aircraft on standby in Tehran to fly out 5 American detainees, a supply advised AFP on Monday.

The discharge of the funds by US ally South Korea, lengthy blocked beneath sanctions, is the important thing situation for the trade of 5 People detained in Iran and, in accordance with Tehran, 5 Iranians held in america.

Qatar, which acted because the mediator as a result of Washington and Tehran wouldn’t have diplomatic relations, has knowledgeable either side of the switch, mentioned the supply briefed on particulars of the matter.

“Iranian and US officers have been notified by Qatar that each one $6 billion has been transferred from Switzerland to financial institution accounts in Qatar,” mentioned the supply, requesting anonymity.

“A Qatari jet is on standby in Iran to convey the 5 US residents and two kinfolk to Doha.”

Iran earlier voiced hope that the prisoner swap with america would happen in a while Monday.

“We hope to have complete entry to the Iranian belongings at this time,” Iran’s international ministry spokesman Nasser Kanani advised a Tehran press convention. 

“The prisoner trade will happen on the identical day and 5 Iranian residents imprisoned in America will probably be launched.”

Iran had generated $6 billion by way of oil gross sales to South Korea, which froze the funds after america beneath former president Donald Trump reimposed sanctions as he withdrew from a landmark nuclear accord.

Iran’s central financial institution governor mentioned Iran would search damages from South Korea for withholding the funds. The equal of 5.57 billion euros ($5.95 billion) was deposited in six Iranian accounts with two Qatari banks on Monday, he mentioned.

“We’re making a criticism on behalf of Iran towards South Korea for not giving entry to those funds and the discount within the worth of those funds with the intention to obtain damages,” Mohammadreza Farzin mentioned on state TV.

Spying prices

The 5 People — all thought of Iranian nationals by Tehran, which rejects twin nationality — had been launched to accommodate arrest when the deal was agreed final month.

Among the many People is Siamak Namazi, a businessman arrested in 2015 on spying prices which his household has rejected.

The others are wildlife conservationist Morad Tahbaz, enterprise capitalist Emad Sharqi, and two others who wished to stay nameless.

Final week, the official IRNA information company recognized the 5 Iranian prisoners.

They embrace Reza Sarhangpour and Kambiz Attar Kashani, each accused of getting violated US sanctions towards Tehran.

A 3rd prisoner, Kaveh Lotfolah Afrasiabi, was detained at his residence close to Boston in 2021 and charged with being an Iranian authorities agent, in accordance with US officers.

The 2 others, Mehrdad Moein Ansari and Amin Hasanzadeh had been mentioned to have hyperlinks to Iranian safety forces.

Out of the 5 Iranians to be launched, two will return to Iran whereas two others will stay in america, upon their request, mentioned Kanani. 

The fifth Iranian prisoner will journey to a 3rd nation, he added. 

Nuclear dispute

The White Home has denied that the unfreezing of the Iranian funds was successfully a ransom cost.

President Joe Biden’s administration has insisted that Iran will solely be allowed to make use of the cash to purchase meals, drugs and different humanitarian items.

Iran, which has been deeply hostile to the US because the 1979 Islamic revolution overthrew the pro-Western monarch, has denied restrictions have been positioned on the spending of funds.

Iran’s Kanani has insisted that the cash will permit Tehran to “buy all non-sanctioned items”, not simply meals and drugs.

Joe Biden took workplace with hopes of restoring the landmark 2015 nuclear settlement, beneath which Iran promised to constrain its contested nuclear work in return for sanctions aid.

However months of talks failed to supply a breakthrough.

Prospects for resolving the dispute sank additional after protests broke out in Iran final 12 months following the demise in custody of Mahsa Amini, who had been arrested for allegedly violating the nation’s Islamic gown code.

The discharge of the funds and the prisoners would come simply days after the primary anniversary of her demise, and as Biden and Iran’s president, Ebrahim Raisi, are in New York for the annual UN Normal Meeting, though they don’t seem to be anticipated to satisfy.

(Aside from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

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