Politics

Obama Administration Secretly Helped Iran Skirt Financial Sanctions

labor policy Obama hope Iran sanctionsThe Obama administration helped Iran utilize sanctioned oil revenue stranded in a foreign bank account in 2016 while actively misleading Congress about the cooperation, according to the results of a Republican led Senate investigation released Wednesday night.

After signing the 2015 nuclear deal, which unfroze Iran’s U.S. accounts in exchange for the regime’s non-proliferation pledge, the Obama administration publicly maintained that all non-nuclear sanctions barring Iran from operating within the U.S. financial system would remain in place.

“Senior U.S. government officials repeatedly testified to Congress that Iranian access to the U.S. financial system was not on the table or part of any deal,” congressional investigators wrote in the report.

Despite this pledge to the public and Congress, in February 2016 the administration assisted Tehran in recovering $5.7 billion held in the Bank Muscat in the Persian Gulf state of Oman, according to the report, compiled by the Senate’s permanent subcommittee on investigations. And, according to the report, administration officials continued to misled Congress after the license was issued.

“Even after the specific license was issued, U.S. government officials maintained in congressional testimony that Iran would not be granted access to the U.S. financial system,” the report noted.

Under the terms of the nuclear deal, Iran was entitled to access the funds, which were held in Omani rials, a currency that is notoriously difficult to convert. The Obama administration attempted to help the Iranians convert the funds to Euros by issuing a special treasury license to two large U.S. banks empowering them to convert the funds first into dollars and then euros.

According to the report, the Obama administration’s plan ultimately proved unsuccessful, but in undertaking the effort without informing Congress, officials “misled the American people by saying that Iran was not going to be granted access to the U.S. financial system,” Subcommittee Chairman Rob Portman (R., Ohio), the subcommittee’s chairman, told the Washington Post in an interview. “I think they did it because they were so eager to get an agreement with Iran.”

Access to the American financial system “is the crown jewel, what all these countries would love. Yet our government offered it, while at the same time telling the American people they weren’t offering it,” Portman added.

An unnamed former Obama official disputed Portman’s characterization, telling the Post that granting a “narrow specific license” for the transaction “cannot be described as granting access to the U.S. financial system.’”

The revelation comes after President Trump withdrew from the Iran nuclear deal, calling it a “horrible, one-sided deal.”

“This disastrous deal gave this [Iranian] regime — and it’s a regime of great terror — many billions of dollars, some of it in actual cash — a great embarrassment to me as a citizen and to all citizens of the United States,” Trump said while announcing the withdrawal.

From - National Review - by Jack Crowe

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Dorothy
3 years ago

Yes. . .Congress was actively allowing itself to be misled by looking away. To me, it was clear Obongo wanted to shore up the assets of his pals, the Islamic terrorists, whose mission is to kill everyone not them and institute full blown Sharia law across the earth, beginning with Israel, or course. This was one instance of his misdeeds, but there are many more; he was happily using the Deep State to his ends. He should be prosecuted to the full extent of the law for all his crimes, including conducting United States business over a non-governmental email (gmail) account with Hillary Clinton, and for his sending cargo planes full of our money ($1.5 billion) to Iraq. Measure him for a jumpsuit.

Ralph Ormsbee
3 years ago

Isn’t this some thing. We have a non American as President for eight years. How did he even get by the requirements for President. Then for eight years no one had a problem with the Fake President. and then after he leaves off driven out he rides behind the sitting president and meets with the heads of country that Trump just met with. And no Arrest at all for the Treason of the Fake President or the Terrorist actions of the lawmakers. Absolutely nothing. We have no laws in this country at all for the real crimes the terrorist Federal government. Home Land Security is a joke and a rip off of Veterans with the flood insurance communist program. The department of Justice and the CIA and FBI are all communist, The department of Education is teaching Muslim and every thing else but American history and the rights of the American people. Social Security raises are stolen by the IRS before you even get them by adjusting your medicare payments and then they steel money back by sponsoring the Drug companies that pay them to look the other way and also to raise the prices of medicine within the Federal Progarms

Stewy
3 years ago

“administration officials continued to misled Congress” Errr, the word is “mislead”. Don’t you guys proof read your articles?

Kevin
3 years ago

As an American & a taxpayer, I’d much rather see our Government investigating and holding those accountable, in the Obama Administration. I’m so sick of seeing impeachment ads, against President Trump. It truly shows the Liberals are still trying to interfere with our standing President. America will be great again, as soon as the swamp monsters are all gone!

Gary
3 years ago

So what more evidence is needed to declare Obama a traitor? Why hasn’t he or any one been arrested yet? What’s wrong with this country?

Maria Gregory
3 years ago

All the more reason why Obama should be arrested for treason!! He clearly demonstrated what a two-faced person and liar he is! A US president doing “un-American” things with enemies of America while telling the Americans something different, should be arrested. I am so glad Donald Trump is our president today!!

David Arner
3 years ago

All you hear is talk about this damn fool Obama doing everything in his power to destroy America. As a taxpayer, I’m tired of seeing him get away with everything. Time to take Mueller away from that stupid investigation and put him to investigating Obama where he could get some results. Obama has got to go down for treason. Let’s do it NOW.

Joe L.
3 years ago

Joe L. I’m pretty much known by all who know me as a person who pays very close attention to what affects our country after that past administrations shinanagins! But I have to admit, after reading the 135 posts here I have to admit I’m actually at a loss for words which for all who know me personally who be amazed at that possibility, GOD BLESS EVERYONE OF YOU, Amac truly has knowledgeable and aware people for we’re in for a very, very bad time if we don’t beat the crap out the OBOZO’8YRS OF HELL FOR OUR COUNTRY, I sure hope it doesn’t come to a major conflict but we have to beat them with the BALLOT and hopefully not the BULLET, the last of which would involve my children and grandchildren, which would not be acceptable. My grandkids are in school now but who knows what the hell they are learning!! I have a question for us all, WHY THE HELL HASN’T GEORGE SOROS BEEN IMPRISONED SOMEWHERE IN OUR WORLD,?? OBOZO IS SMALL POTATOES COMPARED TO SOROS!!! JOE L.

Boris B
3 years ago

When will justice be done about illegal deals in Obama administration? So much had been shoved under the rug without proper investigation. Wake up DOJ!!!

Jpk
3 years ago

Muslim mentality is the result of same, in any office.Disruption, lies, and non compliance with AMERICAN LAW, and ways.Morons put these people in office, for a price, that makes american (born here) pay.You can only screw people to a point where there will be nowhere to hide, unless things change for the better.Our president isn’t getting any cooperation from any, but maybe this coming election will have a change of low foreheads being ousted.Miracles happen….

A true patriot
3 years ago

I’m sick and tired of the wishy washy fence stradling, low life pieces of
sheet calling themselves patriots and at the same time doing nothing to bring to
justice the treasonous acts of Barrack Hussein Obama and Hillary Rodham Clinton.
These two have done more damage to America than all those throughout history
combined, but still nothing is being done to harness the likes these traitors.
Here’s a link to why the Rosenbergs were executed. They shared atomic secrets
with the Soviets. Obama and Clinton sold 20% of Americas uranium to the Soviets
and to date they are being protected by the same clan who gave those secrets to
the Soviets decades ago.
I’m sick and tired of the wishy washy fence stradling, low life pieces of
sheet calling themselves patriots and at the same time doing nothing to bring to
justice the treasonous acts of Barrack Hussein Obama and Hillary Rodham Clinton.
These two have done more damage to America than all those throughout history
combined, but still nothing is being done to harness the likes these traitors.
Here’s a link to why the Rosenbergs were executed. They shared atomic secrets
with the Soviets. Obama and Clinton sold 20% of Americas uranium to the Soviets
and to date they are being protected by the same clan who gave those secrets to
the Soviets decades ago.
https://www.history.com/this-day-in-history/julius-and-ethel-rosenberg-exec
uted

Rich
3 years ago

I have a lack of faith in the government that increases as time passes. Neither party has the republics interest at heart, neither is really for the people. Our last president has said, maybe he was ten years early. For those with children that should be a shocking wake up call that they are being conditioned for the one world order where the people are poor and dying off and those in control will be the ones who decide where money goes as it will be a global redistribution. Without a big wake up in this country, the people of the republic will have no rights soon, and the last signs of what we were will be gone. Those that care need to make sure history is the truth and that law and order are followed. More and more crimes at the highest level of government are explained away and not prosecuted, the power they hold is therefore greater than ever as the law itself was there to reign them in a bit. Ask your children what they are learning, check on the history they are taught, see what they feel about the laws. The news agencies are self serving and misleading at best, the money rides with the two parties, elections are about the money you can amass, not about finding the right people. It was never meant that we elect tons of rich lawyers, but now they skirt the law because they make and interpret it. How do he people ever hold them accountable again, how do we ensure the laws are followed? For much of what they do, as people of this country, we’d be looking at the world through the bars of a cell. Repetitive, but can it be fixed before we are all sucked into the corruption and new world order?

Dr. Scott
3 years ago

I have one question. Why is this not considered treason from the highest level of office?

Charlie Stevens
3 years ago

Government officials should be concentrating on this disgrace, not some porn star. Make Obama pay.

john koo
3 years ago

obama got his training in Chicago politics he was a lying phony from the get go. Yet he was elected to two terms how clueless are the American voters not to see through his scam.

nan
3 years ago

I always told my husband “when his lips are moving, he’s lying”!

Gary
3 years ago
Reply to  nan

Nan, the entire time that man sat in the President’s chair I always said “Don’t listen to what he says, watch what he does”.

JEM
3 years ago

The day he was elected I told my wife, “The Manchurian Candidate just won!” How he got two terms in office also needs to be investigated!

Dr. Truth
3 years ago
Reply to  JEM

It was fixed for the Kenyan agent, Acorn and the multiple times they voted also fixed ballot boxes.

James Monaco
3 years ago

To this day I don’t understand how anyone with sense who paid attention to the Hussein Obama campaign could vote for him. His rhetoric was clearly Marxist. Hel lacked the knowledge, experience, skills, and wisdom to be President.

Article 2 Section 2 of the Constitution defines the first responsibility of the President is to act as commander in chief of the army, navy, and the state militias in time of war. What were Obama’s previous qualifications to execute such responsibilities (or the Clintons’ for that matter)?

Dorothy Ellis
3 years ago

Our POTUS needs to fire all of the idiots who are obstructing the filling of these positions. If not – then make sure each state who they represent are made aware of their petty antics!!

Proud Veteran
3 years ago

This was an act of treason and should be treated as such. Definition of treason per US law: “Whoever, owing allegiance to the United States, levies war against them or adheres to their enemies, giving them aid and comfort within the United States or elsewhere, is guilty of treason and shall suffer death, or shall be imprisoned not less than five years and fined under this title but not less than $10,000; and shall be incapable of holding any office under the United States.”

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