$400M Payment to Iran as Americans Freed Not a Ransom: White House

August 3, 2016 3:37 PM

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The White House on Wednesday denied suggestions that a $400 million cash payment to Iran in January was a "ransom" to free four Americans being held in Tehran — characterizing the move as coincidental.

That sum was actually part of a $1.7 billion settlement to Iran for an outstanding legal dispute that had been before an international tribunal in The Hague, according to State Department spokesman John Kirby.

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