AEI:

Back in September, I testified before the House Financial Services Committee on the allegation that the Obama administration had paid Iran a ransom—at the time it was believed to be $400 million but it was later revealed that the figure was more than three times that amount—in cash for the release of American hostages held by Iran.

At the hearing, it is now clear that State Department officials lied outright to the committee. But, lest there be any question about how the Iranian government perceived the payment received from the United States, Hossein Nejat, deputy Intelligence Director of the Islamic Revolutionary Guard Corps yesterday bragged that Iran forced the United States to pay $1.4 billion ransom to win the release of imprisoned Washington Post correspondent Jason Rezaian.

What does this mean for the United States? Unfortunately, the damage is already done. The cash the Islamic Revolutionary Guard Corps received (for they were the entity which took possession of the ransom) will fuel greater terror as well as Iran’s campaigns in Syria, Yemen, and perhaps Bahrain as well. In 2010, the United States busted the Iranian plot to kill the Saudi ambassador in Washington because the US intelligence community was monitoring bank accounts known to be operated by the Qods Force. Cash makes it far easier for Iran to move money without risk of detection.

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