Qatar Denies Reports of Transferring Iran’s $6 Billion, Says Funds Remain Frozen in Qatari Banks

Doha (HRNW)- Qatar has denied reports claiming that Iran’s $6 billion in frozen funds has been transferred to Tehran, stating that the money remains in Qatari banks and is still subject to US sanctions and strict oversight.

Qatari Foreign Ministry spokesperson Majid Al-Ansari told a press conference in Doha that the funds represent Iran’s oil export revenues from South Korea, which were transferred to Qatar under the US-Iran prisoner exchange agreement.

He explained that the money was moved to Qatar following the exchange of five American and five Iranian prisoners, but the arrangement was intended to place the funds under a designated financial mechanism rather than transfer them directly to Iran.

According to Al-Ansari, despite the release of the American citizens, the funds have not been transferred to Iran, and Tehran does not have unrestricted access to them. He said the money remains securely held in Qatari banks and continues to be governed by US sanctions and monitoring mechanisms.

The spokesperson added that although the assets legally belong to Iran, any use or transfer of the funds must comply with US sanctions and the agreed regulatory framework.

Qatari officials further clarified that Qatar is acting solely as the custodian of the funds and is not their owner. They said that any future decision regarding the transfer or use of the assets will be made in accordance with relevant international agreements and legal procedures.

Qatar’s statement comes as diplomatic contacts and technical discussions continue between the United States and Iran, with ongoing speculation surrounding the future of Iran’s frozen overseas assets.

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