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A new revelation about large amounts of cash changing hands between the US and Iran earlier this year has emerged. US officials have now admitted that $1.3bn (£982.6m) was delivered to Iran just two days after $400m in cash was paid to Tehran.
The $1.3bn payment was reportedly "interest" owed to Iran as part of an old deal that the US had reneged on to deliver military equipment to the former shah of Iran, the White House said.
The US has insisted that the $400m sum was not a ransom. It is against US policy to pay money to terrorists or other lawbreakers. However officials did concede that the payment was "contingent" on releasing the captives.
No other details about the $1.3bn payments in January 2016 could be revealed, because of diplomatic "sensitivities," State Department spokeswoman Elizabeth Trudeau said. The money was transferred in 13 separate payments of $99,999,999.99, and a final payment of about $10m, the Associated Press (AP) reported.
