Obama Administration, Iran Deal, and U.S. Financial System

Yet another Obama scandal:

The Obama Administration Secretly Helped Iran Skirt Financial Sanctions https://t.co/AS7gfGK6A9 via @JackRCrowe pic.twitter.com/XWla6kTI2L

— National Review (@NRO) June 6, 2018

From National Review:

The 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.

More lies from the Obama administration, more corruption, more scandal.