Iran may have been sent an additional $33.6 billion in cash and gold payments by the Obama administration from 2014 and 2016, according to testimony provided before Congress from an expert on the nuclear agreement with Iran, The Washington Free Beacon reports.
It allegedly occurred as the Obama administration was working out final details, with Iran being paid $700 million every month, for a total of $11.9 billion, from funds previously been frozen by U.S. sanctions on the Middle East nation.
In total, "Iran may have received as much as $33.6 billion in cash or in gold and other precious metals," Mark Dubowitz, executive director at the Foundation for Defense of Democracies, disclosed, according to the Free Beacon.
"It is important to understand how funds were sent. The worst-case scenario here is that Iran may have received as much as $33.6 billion in cash or in gold and other precious metals."
On Tuesday, the Obama administration admitted that current sanctions and banking restrictions made it impossible to transfer funds to Iran through electronic methods.
© 2021 Newsmax. All rights reserved.