By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Wednesday, Jul 15, 2026
9News Nigeria
  • HOME
  • EDITORIAL
  • POLITICS
  • NATIONAL
  • SPORTS
  • WORLD
  • BUSINESS
  • ABOUT US
  • CONTACT US
  • PRIVACY POLICY
9News Nigeria9News Nigeria
Font ResizerAa
Search
  • Editorial
    • OPINION
  • Politics
  • National
    • Breaking News
    • Boko Haram
    • Crime and Investigation
    • Ohanaeze Ndigbo
  • Business
    • Nigerian economy
    • Investment
    • Finance
  • Sports
  • Entertainment
    • Celebrity
    • Entertainment and lifestyle
    • Hollywood
  • World
    • Africa
    • Asia News
    • Australia
    • Europe
  • About Us
    • About Us
    • Privacy Policy
    • Terms And Conditions
    • Contact Us
Follow US
Breaking NewsHot NewsUSA Politics

Obama denies $400M payment to Iran was ransom

9News Nigeria
Last updated: August 5, 2016 10:02 am
By 9News Nigeria
Share
4 Min Read
Obama denies ransom 400mil usd paid to iran
SHARE

WASHINGTON (AP) — President Barack Obama vigorously denies that a $400 million cash payment to Iran was ransom to secure the release of four Americans jailed in Tehran. He defended the transaction as evidence that the nuclear accord with Iran has allowed for progress on other matters.

“This wasn’t some nefarious deal,” Obama said during a news conference Thursday at the Pentagon.

The money was delivered to the Iranian government in January, at the same time the nuclear deal was settled and the Americans were released. The payment was part of a decades-old dispute over a failed military equipment deal dating to the 1970s, before the Islamic revolution in 1979.

Obama also answered political questions at the news conference, pushing back at Republican presidential nominee Donald Trump’s suggestions that the November election might be rigged, calling the assertion “ridiculous.” He said his advice to Trump, a candidate he has declared “unfit” for the presidency, was to “go out there and try to win the election.”

The president’s appearance before reporters followed an hours-long meeting with military leaders at the Pentagon on the fight against the Islamic State group.

Obama said there have been gains in weakening IS in Iraq and Syria, but he conceded the extremist group still poses a threat to the United States as it shifts its tactics to carrying out attacks elsewhere around the world. While those attacks may result in less carnage, Obama said IS knows they still create “the kinds of fear and concern that elevates their profile.”

Asked whether he feels any personal disappointment about not being able to do more to stop the Islamic State, Obama said: “I haven’t gotten numb to it. It bugs me.”

Imo Assembly Presses NJC on Substantive Chief Judge
Ghana Declines to Host Ramaphosa’s Over Xenophobic Attacks
UBA Appoints Emmanuel Nnorom as Chairman as Tony Elumelu Steps Down
Imo Mourns as Paddy Obinna Passes Away

On Syria, the president criticized Russia’s support of government attacks against opposition forces and its sieges of cities such as Aleppo. He accused Russia of failing to take steps to reduce violence in Syria — where a civil war has raged for much of Obama’s presidency — but said the U.S. would continue trying to push Moscow to focus on the fight against IS and other extremists.

On Iran, Obama expressed surprise at criticism of his administration’s cash payment to settle a longstanding legal claim, adamantly rejecting claims that it was a ransom paid for the release of the four Americans.

He pointed out that the payment, along with an additional $1.3 billion in interest to be paid later, was announced by the administration when it was concluded in January, a day after the implementation of a landmark nuclear agreement with Iran. “It wasn’t a secret. We were completely open about it,” he said.

Obama allowed that the one piece of new information, first reported this week by The Wall Street Journal, was that the $400 million was paid in cash. It was delivered to Iran on palettes aboard an unmarked plane.

“The only bit of news is that we paid cash,” he said. “The reason is because we couldn’t send them a check and we couldn’t wire the money. We don’t have a banking relationship with Iran which is part of the pressure we applied on them.”

___

AP writers Julie Pace and Alicia A. Caldwell contributed. Reach Josh Lederman on Twitter athttp://twitter.com/joshledermanAP

Like this:

Like Loading…
Share This Article
Facebook Whatsapp Whatsapp Copy Link
What do you think?
Love0
Sad0
Happy0
Surprise0
Angry0
By9News Nigeria
Follow:
9News Nigeria is Nigeria's favourite news source. For Authentic, Unbiased News on Politics, Business, Sports, Technology, Entertainment and Lifestyles, Health, Nollywood, Crime and Investigations, Family and Relationships, Inspirations .. and much more. For Latest News from Africa and around the world, 9News Nigeria is your best source. WhatsApp +2348115805632 Email: [email protected] Facebook: www.facebook.com/9NewsNG | Twitter/Instagram: @9newsng
Previous Article Sex trade in Europe Woman jailed for 22 years for trafficking Nigerian girls for sex trade
Next Article Hajj pilgrims 2016 Hajj: Sell dollars to pilgrims @ N197, CBN authorises banks
Search
– Advertisement –
Latest News
  • Atiku Seeks Independent Probe Into PFIPC Scandal, Accuses Tinubu Of Cover-Up July 15, 2026
  • South Africa Confirms 22 African Countries Eligible for Visa-Free Entry in 2026 July 15, 2026
  • FG Targets 40 Million Households With 100 Free TV Channels July 15, 2026
  • Sahel Alliance Establishes $895 Million Development Bank to Drive Regional Growth July 15, 2026
  • Court Orders Final Forfeiture of 48 Properties Worth N212bn Linked to Ex-AGF Malami July 15, 2026
  • Botswana’s bid to legalise same-sex marriage met with religious pushback July 15, 2026
  • Longers Anyanwu Confirmed as Imo Commissioner for Agriculture July 15, 2026
  • Governor Zulum’s media aid wins national award July 15, 2026
  • Kano police arrest bandit logistics supplier, recover ammunition July 14, 2026
  • Imo Assembly Presses NJC on Substantive Chief Judge July 14, 2026
– Advertisement –
9News Nigeria
  • Editorial
  • OPINION
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us
World News
  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Global Economy
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics
News Categories
  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • Sober House
  • National Security
Entertainment and Lifestyle
  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships

You May also Like

Former Science Minister Uche Nnaji
Breaking NewsHot News

DSS arrests former science minister Uche Nnaji

July 1, 2026
Screenshot 20260628 182725
Hot News

CHILD DEFILEMENT: Court Questions Police Over Missing Suspect in Imo

June 28, 2026
FB IMG 1782586739482
Hot News

Agbaso Sparks 2027 Imo Governorship Debate

June 28, 2026
file 000000001a60724389db9dd3e82b66ee
Breaking News

Owerri Explosion Kills Two, Police Investigate

June 27, 2026
1003503707
Breaking NewsHot News

BREAKING!!! Court Nullifies NDC Registration

June 26, 2026
file 000000002b2871f4978a5fbc3f2539c8
Breaking News

BREAKING: Widow Reveals General Rabe’s Final Hours

June 24, 2026
Show More
  • More News:
  • Europe News
  • National News
  • Politics
  • 9News Nigeria - Nigeria Breaking News
  • Nigeria Politics
  • Sports
  • Imo state
  • Opinion
  • National Security
  • Events
  • Editorial
  • Inspiration
  • Trending news
  • Bible Messages
  • Religion
  • Jesus Christ the saviour
  • World News
  • The Love of God
  • Crime and Investigation
  • Business

9NEWS NIGERIA

  • Editorial
  • Opinion
  • Inspiration
  • Investigative Reports
  • Featured
  • Interviews
  • About Us
  • Terms And Conditions
  • Privacy Policy
  • Contact Us

NEWS CATEGORIES

  • Breaking News
  • National
  • Politics
  • Business
  • Sports
  • Health
  • Crime and Investigation
  • Nigeria Police
  • Nigerian Military
  • Biafra
  • ODUDUWA
  • Ohanaeze
  • Boko Haram
  • National Assembly
  • National History
  • National Security

WORLD NEWS

  • Africa
  • African Politics
  • Aviation News
  • Australia
  • Global Economy
  • Europe
  • Asia News
  • Middle East
  • World
  • World Politics
  • USA
  • USA Politics

ENTERTAINMENT AND LIFESTYLE

  • Entertainment
  • Entertainment and lifestyle
  • Nollywood
  • Lifestyle
  • Hollywood
  • Celebrity
  • Celebrity Gist
  • Celebrity Gossip
  • Events
  • Family & Relationships
  • Relationship Extra
  • Relationships
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

%d