Iran can't access $6 billion from hostage deal, Biden official tells Dems

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Iran can't access $6 billion from hostage deal, Biden official tells Dems
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Treasury official tells lawmakers U.S. and Qatar have an informal agreement not to move the money 'anytime soon.'

Wally Adeyemo, deputy secretary of the Treasury, at an event in New York last month. Photo: Michael Nagle/Bloomberg via Getty ImagesDeputy Treasury Secretary Wally Adeyemo told House Democrats this morning that the U.S. and Qatar have an informal agreement not to move the money "anytime soon," according to Democratic aides.The Biden administration has insisted that none of the funds, which were transferred from a South Korean account to a Qatari one, have been used.

From the White House podium, officials have insisted that any suggestion that the $6 billion has been used by Hamas is untrue. "I'm telling you, nothing's been accessed and we have oversight," White House spokesperson John Kirby told reporters today. "We have oversight over what can be accessed and for what purposes."

Speaking in Tel Aviv, Secretary of State Antony Blinken made a similar point. "None of the funds that have now gone to Qatar have actually been spent or accessed in any way by Iran.""The money rightfully belongs to the people of Iran, earmarked ... to facilitate the acquisition of all essential requisites for the Iranians."Share on linkedin

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