Iran to Release Detained U.S. Citizens in Exchange for Unfreezing Funds

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Iran to Release Detained U.S. Citizens in Exchange for Unfreezing Funds
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Four U.S. citizens moved from Iranian prison to house arrest

Iran may free five detained U.S. citizens as part of a deal under which $6 billion in Iranian funds in South Korea would be unfrozen and the United States would release some Iranians from U.S. prisons, sources familiar with the matter said on Thursday.allowed four detained U.S. citizens to move into house arrest from Tehran’s Evin prison, a lawyer for one said, joining a fifth who was already under home confinement.

Allowing the five to leave Iran, which could take weeks, would remove a major irritant between Washington and Tehran, which remain at odds on issues from the Iranian nuclear program to Tehran’s support for regional Shi’ite militias. “We will not rest until they are all back home in the United States,” she added, saying that the White House would have little more to say because “negotiations for their eventual release remain ongoing and are delicate.”Iranian Americans, whose U.S. citizenship is not recognized by Tehran, are often pawns between the two nations.

However, he stressed that the funds, if transferred from the South Korean banks to another financial institution, would go from one restricted account to another and could only be used for humanitarian purposes such as buying food or medicine.

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