White House: US citizen release funds held in supervised account

The Manila Times

White House: US citizen release funds held in supervised account  White House spokesman John Kirby states that Iranian funds, for US citizens' release in a supervised Qatar account, is strictly for humanitarian use, benefiting people, not the regime, to bring detained Americans home.   Video by AFP  Subscribe to The Manila Times Channel - https://tmt.ph/YTSubscribe    Visit our website at https://www.manilatimes.net    Follow us:  Facebook - https://tmt.ph/facebook  Instagram - https://tmt.ph/instagram  Twitter - https://tmt.ph/twitter  DailyMotion - https://tmt.ph/dailymotion    Subscribe to our Digital Edition - https://tmt.ph/digital    Check out our Podcasts:  Spotify - https://tmt.ph/spotify  Apple Podcasts - https://tmt.ph/applepodcasts  Amazon Music - https://tmt.ph/amazonmusic  Deezer: https://tmt.ph/deezer  Stitcher: https://tmt.ph/stitcher Tune In: https://tmt.ph/tunein   #themanilatimes  #whitehouse  #iran  #uscitizens

Transcript

00:00 The United States is pursuing an arrangement in which Iranian funds held in South Korea

00:06 are moved to restricted accounts in Qatar, where they would be available for humanitarian

00:11 transactions only.

00:12 Things like food, medicine, medical supplies, medical equipment, agricultural products.

00:19 These funds will now be subject to more legal restrictions than they were when they were

00:24 in Korea.

00:25 They will be monitored by rigorous due diligence standards required by the U.S. Treasury Department.

00:31 The Iranian people will be the beneficiaries of these funds, not the regime.

00:35 The regime doesn't get to touch the money, Peter.

00:38 It doesn't go to them.

00:39 They don't get to decide ultimate destination, and they have no direct access to it.

00:46 And getting Americans home requires decisions, sometimes really tough decisions.

00:52 It requires compromise.

00:53 It requires negotiations.

00:55 It requires negotiations with people you really would rather not be sitting across the table

00:59 from.

01:00 But you've got to do it, because Americans overseas in trouble, wrongfully detained,

01:04 need to know, and their families need to know, that this president and this administration

01:07 will do what it takes to bring them home.

01:09 [MUSIC PLAYING]

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