US paid Iran $1.3 billion in cash to settle old dispute | New York Post

US paid Iran $1.3 billion in cash to settle old dispute | New York Post:

"But there was no word about what happened to the rest of the debt — $1.3 billion.

On Tuesday, The Weekly Standard reported that the second payment was also quietly delivered.

Assistant Secretary of State for Legislative Affairs Julia Frifield sent a letter to Congress on March 17, 2016, stating, “Iran received the balance of $400 million in the Trust Fund as well as roughly $1.3 billion representing a compromise on the interest,” according to the magazine."