U.S. Secretary of State Antony Blinken has dismissed claims that the $6 billion in Iranian funds set to be unfrozen as part of a U.S. prisoner swap deal could have helped Iran fund Hamas’s attack on Israel.
“As of now, not a single dollar has been spent from that account,” he added. “And again, the account is closely regulated by the U.S. Treasury Department, so it can only be used for things like food, medicine, [and] medical equipment. That’s what this is about. And by the way, the previous administration set up a very similar mechanism to enable Iran to use its oil proceeds that were blocked in various places or stuck in various places for humanitarian purposes.”
Mr. Blinken’s remarks come after some Republicans argued that the Biden administration’s move to free up resources for Iran could embolden the country to further aid terrorist groups such as Hamas.
Republican presidential candidate Nikki Haley, meanwhile, rejected Mr. Blinken’s defense in an interview with NBC’s “Meet the Press,” arguing that even if there are conditions on how Iran can spend the specific $6 billion tranche of unfrozen funds from the prisoner exchange deal, the Iranian regime can still free up funds from other places as a result of the deal.
“I actually think it was irresponsible for Secretary Blinken to say that the $6 billion doesn’t weigh in here,” Ms. Haley said. ”Let’s be honest with the American people, and understand that Hamas knows, and Iran knows, they’re moving money around as we speak because they know $6 billion is going to be released. That’s the reality.”
Although Mr. Blinken has denied that the $6 billion in funds unfrozen under the deal were used in the group’s Oct. 7 surprise attack, he pointed out that other funds were likely used because Iran has “always used and focused its funds on supporting terrorism.”
What Was The $6 Billion?
The $6 billion was Iranian money that had been frozen in South Korean banks. After Washington, under former President Donald Trump, placed a total ban on Iran’s oil exports and sanctions on its banking sector in 2019, these Iranian oil revenues were blocked in Seoul.Under the terms of the recent Iran prisoner deal, the money can only be used for humanitarian-related purposes, including purchasing food or other goods outside Iran for import, U.S. officials said.
In August, details were made public of an agreement that President Joe Biden approved in which five U.S. citizens detained by Tehran were allowed to leave the country in exchange for the $6 billion.
The attack on Israel, meanwhile, has left hundreds of people dead and thousands more wounded.
The Israeli military said on Oct. 9 that it had called up an unprecedented 300,000 reservists and was imposing a total blockade of the Gaza Strip, in a sign it may be planning a ground assault in response to the devastating weekend attacks by Hamas terrorists.