
The head of Iran’s central bank said on Saturday that all Iranian funds “frozen” in South Korea had been unblocked and would be used for “unauthorized assets”, Reuters reported.
Mohammad Reza Farzeen’s social media post appeared to back up Washington’s statement a day earlier that Iran would be restricted in dealing with any funds released as part of the deal that freed five Americans from prison. under house arrest in Tehran.
White House Press Secretary John Kirby said that Iran can only access the funds for “the purchase of food, medicine, medical equipment that will not have a dual military purpose.”
Iranian assets worth about 6 billion dollars were stored in South Korea.
Five Americans will be allowed to leave Iran when the funds are released, a source familiar with the matter said earlier.
Farzin wrote in a post on the X messaging platform that the funds would be transferred to six Iranian banks in Qatar.
“I congratulate the team of diplomats on the successful release of confiscated currency resources,” Farzin’s post reads.
He added that the costs of converting funds from the South Korean won currency into euros will be borne by a “third country” where the money will be placed to buy “unauthorized goods.”
Source: Hot News

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