From Sohrab Ahmari, at Commentary, "Anything for the Ayatollah":
My column on Obama bending over backward to help the mullahs cash in on the Iran deal made @RealClearNews this morning. Read it here. https://t.co/aHdMaE1c6n— Sohrab Ahmari (@SohrabAhmari) June 7, 2018
The full history of the Obama administration’s nuclear dealings with Iran has yet to be written, not least because many of the details remain shrouded in secrecy. The bits of the story that do seep out into the public sphere invariably reinforce a single theme: that of Barack Obama’s utter abjection and pusillanimity before Tehran, and his corresponding contempt for the American people and their elected representatives.Still more.
Wednesday’s bombshell Associated Press scoop detailing the Obama administration’s secret effort to help Tehran gain access to the American financial system was a case study. In the months after Iran and the great powers led by the U.S. agreed on the nuclear deal, the Obama Treasury Department issued a special license that would have permitted the Tehran regime to convert some $6 billion in assets held in Omani rials into U.S. dollars before eventually trading them for euros. That middle step—the conversion from Omani to American currency—would have violated sanctions that remained in place even after the nuclear accord.
That’s according to the AP’s Josh Lederman and Matthew Lee, citing a newly released report from the GOP-led Senate Permanent Subcommittee on Investigations. Lederman and Lee write: “The effort was unsuccessful because American banks—themselves afraid of running afoul of U.S. sanctions—declined to participate. The Obama administration approached two U.S. banks to facilitate the conversion . . . but both refused, citing the reputational risk of doing business with or for Iran.”
Put another way: The Obama administration pressed American banks to sidestep rules barring Iran from the U.S. financial system, and the only reason the transaction didn’t take place was because the banks had better legal and moral sense than the Obama Treasury.
This was far from the first instance in which the Obama administration bent over backward, going far beyond the requirements of the deal, to help the Iranian regime cash in on the deal...
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