The Obama administration acknowledged Thursday that a $400 million
cash payment to Iran in January was used as leverage to ensure the
release of four U.S. prisoners.
The payment, part of a $1.7 billion settlement
of a decades-long legal dispute before an international tribunal in The
Hague, was announced on Jan. 17, a day after Tehran freed the four Americans and on the same weekend that U.N. sanctions against Iran were lifted.
The White House and the State Department have strenuously denied Republican accusations that the transaction amounted to paying ransom, insisting that the timing was coincidental.
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