2 days after cash delivery, US paid $1.3 billion to Iran
WASHINGTON (AP) -- The US says it paid $1.3 billion to Iran in January from a little-known fund for resolving international disputes, two days after allowing a planeload of cash to fly to Tehran.
State Department spokeswoman Elizabeth Trudeau says the US can't say more about the Jan. 19 payments because of diplomatic sensitivities. They involved 13 separate payments of $99,999,999.99 and a final payment of about $10 million.
The money settles a 1970s payment by Iran for US military equipment that was never delivered upon because of the 1979 revolution.
