Krauthammer on Iran Ransom: Turning Dollars to Francs and Euros for Payment Is Money Laundering

‘The reason that it was objected to by Justice, there is a statute that prohibits us from engaging in Iran dealing with dollars’

KRAUTHAMMER: "The reason that it was objected to by Justice, there is a statute that prohibits us from engaging in Iran dealing with dollars. So they had to -- they had to print the money here, ship it over to Switzerland, turn it into Swiss francs and euros and ship it over to Iran. If a private company had done this, this is called money laundering. The CEO would be in jail right now."

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Krauthammer on Iran Ransom: Turning Dollars to Francs and Euros for Payment Is Money Laundering