Obama Denies $400M Payment to Iran Was Ransom

President Barack Obama vigorously denies that a $400 million cash payment to Iran was ransom to secure the release of four Americans jailed in Tehran. He defended the transaction as evidence that the nuclear accord with Iran has allowed for progress on other matters.
Obama Denies $400M Payment to Iran Was Ransom
President Barack Obama talks about the war on terrorism and efforts to degrade and destroy the Islamic State, during a news conference at the Pentagon on Aug. 4, 2016. AP Photo/J. Scott Applewhite
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WASHINGTON—President Barack Obama vigorously denies that a $400 million cash payment to Iran was ransom to secure the release of four Americans jailed in Tehran. He defended the transaction as evidence that the nuclear accord with Iran has allowed for progress on other matters.

“This wasn’t some nefarious deal,” Obama said during a news conference Thursday at the Pentagon.

The money was delivered to the Iranian government in January, at the same time the nuclear deal was settled and the Americans were released. The payment was part of a decades-old dispute over a failed military equipment deal dating to the 1970s, before the Islamic revolution in 1979.

Obama also answered political questions at the news conference, pushing back at Republican presidential nominee Donald Trump’s suggestions that the November election might be rigged, calling the assertion “ridiculous.” He said his advice to Trump, a candidate he has declared “unfit” for the presidency, was to “go out there and try to win the election.”

The president’s appearance before reporters followed an hours-long meeting with military leaders at the Pentagon on the fight against the Islamic State group.

Obama said there have been gains in weakening IS in Iraq and Syria, but he conceded the extremist group still poses a threat to the United States as it shifts its tactics to carrying out attacks elsewhere around the world. While those attacks may result in less carnage, Obama said IS knows they still create “the kinds of fear and concern that elevates their profile.”

Asked whether he feels any personal disappointment about not being able to do more to stop the Islamic State, Obama said: “I haven’t gotten numb to it. It bugs me.”