Reports: Obama paid $1.7 billion ‘ransom’ to Iran for hostages’ release

The Obama administration has paid a “ransom” of $1.7 billion in U.S. taxpayers’ funds to Iran for the release of American hostages, critics and Iran officials said.

The administration insists the payment was a decades-old legal settlement with Teheran and was not tied to the recent release of five American hostages, according to a report by the Washington Free Beacon. The payment was made to Iran prior to the hostages being freed. Continue reading