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Home News Middle East Iran & The Gulf

Iran announces prisoner deal with West, expected to receive $7B in frozen funds

An official quoted by Iranian state TV says a deal made between the US and Tehran involved a prisoner swap in exchange for the release of $7 billion in frozen Iranian funds. State department denies report.

by  AP and ILH Staff
Published on  05-02-2021 17:00
Last modified: 05-02-2021 17:27
Iran's supreme leader says 'there will be no war with US,' vows to withstand pressureEPA

Iranian Supreme Leader Ayatollah Ali Khamenei speaks during a ceremony in Tehran, Iran, 17 August 2015. | Archives: EPA

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Iran will free prisoners with Western ties in Iran in exchange for billions of dollars from the United States and the United Kingdom, state television reported Sunday. The US and the U.K. did not immediately acknowledge any swap.

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The state TV report quoted an anonymous official just as Supreme Leader Ayatollah Ali Khamenei began giving what authorities earlier described as an "important" speech. However, Khamenei did not immediately discuss any proposed swap amid negotiations in Vienna over Tehran's tattered nuclear deal with world powers.

The official quoted by Iranian state TV said a deal made between the US and Tehran involved a prisoner swap in exchange for the release of $7 billion in frozen Iranian funds. State TV also quoted the official as saying a deal had been reached for the United Kingdom to pay 400 million pounds to see the release of British-Iranian woman Nazanin Zaghari-Ratcliffe.

Last week, Zaghari-Ratcliffe was sentenced to an additional year in prison, her lawyer said, on charges of spreading "propaganda against the system" for participating in a protest in front of the Iranian Embassy in London in 2009.

That came after she completed a five-year prison sentence in the Islamic Republic after being convicted of plotting the overthrow of Iran's government, a charge that she, her supporters and rights groups deny.

While employed at the Thomson Reuters Foundation, the charitable arm of the news agency, she was taken into custody at the Tehran airport in April 2016 as she was returning home to Britain after visiting family.

The State Department denied the report on a prisoner swap. "Reports that a prisoner swap deal has been reached [with Iran] are not true. As we have said, we always raise the cases of Americans detained or missing in Iran. We will not stop until we are able to reunite them with their families," Spokesman Ned Price said.

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