In addition to decrying the lack of restrictions in place to ensure that Iran does not use the released funds to sponsor terrorism, critics of the sanctions relief protest that Iran is benefitting while the United States receives little in return.
The Obama administration on Wednesday paid $490 million in cash assets to Iran and will have released a total of $11.9 billion to the Islamic Republic by the time nuclear talks are scheduled to end in June, according to figures provided by the State Department.
Today’s $490 million release, the third such payment of this amount since Dec. 10, was agreed to by the Obama administration under the parameters of another extension in negotiations over Tehran’s contested nuclear program that was inked in November.
Iran will receive a total of $4.9 billion in unfrozen cash assets via 10 separate payments by the United States through June 22, when talks with Iran are scheduled to end with a final agreement aimed at curbing the country’s nuclear work, according to a State Department official.
Iran received $4.2 billion in similar payments under the 2013 interim agreement with the United States and was then given another $2.8 billion by the Obama administration last year in a bid to keep Iran committed to the talks through November, when negotiators parted ways without reaching an agreement.