June 10, 2016

ELI LAKE: U.S. Taxpayers Are Funding Iran’s Military Expansion.

It all starts with $1.7 billion the U.S. Treasury transferred to Iran’s Central Bank in January, during a delicate prisoner swap and the implementation of last summer’s nuclear deal to resolve a long-standing dispute about Iran’s arms purchases before the revolution of 1979.

For months it was unclear what Iran’s government would do with this money. But last month the mystery was solved when Iran’s Guardian Council approved the government’s 2017 budget that instructed Iran’s Central Bank to transfer the $1.7 billion to the military.

Unclear to whom?

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