The $1.7 billion cash payment that the White House recently sent to Iran suggests that Washington may have transferred to Tehran more than $33 billion in untraceable cash and precious metals since 2014, giving the Islamic Republic greater flexibility to launder money and finance terrorism.

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A $1.7 billion payment by the US to Iran that coincided with the release of American hostages in January is helping Tehran boost its military budget by 90% in the next year. Some US lawmakers are concerned that the money was in fact a ransom payment by the Obama administration.

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