U.S. and Qatar Deny Iran Access to $6 Billion From Prisoner Deal

October 12, 2023

Author: 

Michael Crowley and Alan Rappeport

Publication: 

New York Times

Related Country: 

  • Qatar

The United States and Qatar agreed to deny Iranian requests to access the $6 billion in funds that had been transferred from South Korean to Qatari bank accounts as part of a U.S.-Iran prisoner swap agreement. Previously, the funds were available to be used for humanitarian purposes, with the U.S. Treasury Department reviewing transaction requests on a case-by-case basis. A White House spokesman said that none of the funds had been spent to date, however.