The Obama administration skirted U.S. sanctions in an attempt to facilitate the transfer of billions of dollars to the Iranian regime.
That's called collusion, writes Sohrab Ahmari at Commentary.
The Obama administration pressed American banks to sidestep rules barring Iran from the U.S. financial system, and the only reason the transaction didn’t take place was because the banks had better legal and moral sense than the Obama Treasury.
This was far from the first instance in which the Obama administration bent over backward, going far beyond the requirements of the deal, to help the Iranian regime cash in on the deal. In May 2016, then-Secretary of State John Kerry encouraged a gathering of European banking leaders in London to invest in Iran. This, even though the world’s leading anti-money laundering standards body had deemed Iran “a serious threat to the integrity of the global financial system” a few months earlier.
Kerry’s statements were at least made public. The Omani forex switcheroo, however, was not. As the AP noted, the Obama administration reassured the public and lawmakers that Tehran would “continue to be denied access to the world’s largest financial and commercial market,” i.e., the U.S., as then-Treasury Secretary Jack Lew testified before Congress in July 2015, shortly after the nuclear deal was signed. That was a lie. And it would be repeated by other Obama officials.
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