The South Korean Foreign Ministry said Friday it had “no information” about President Joe Biden’s plan to unfreeze $6 billion in Iranian assets from South Korean banks to pay ransom for five American hostages.
The South Korean ministry’s statement implied it heard about the plan by reading American media reports on Thursday.
“Our government has been closely consulting with involved countries such as the United States and Iran to resolve the frozen fund issue, and hopes that the issue will be resolved amicably,” the South Korean Foreign Ministry said, referring to longstanding negotiations over the Iranian funds.
The Biden plan has been rolled out very awkwardly, with media reports on Thursday sourced to unnamed officials. The only immediate official confirmation came from the Iranian regime, which used its state media to confirm that “Iran’s frozen funds in South Korea will be unblocked and transferred to Qatar,” in exchange for which four of the five…
