Iran disputes UK claims over ‘safeguards’ for hostage cash

Both the UK and Tehran have sought to downplay the link between the $530 million handed over to Iran and the release of detained dual nationals Nazanin Zaghari-Ratcliffe and Anousheh Ashoori. (File/AFP)
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Updated 18 March 2022
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Iran disputes UK claims over ‘safeguards’ for hostage cash

  • Britain paid Iran $530m for a historic debt, widely thought to be a condition for the release of two British-Iranian nationals
  • ‘The manner of spending the repaid amount is subject to the decision of the Islamic Republic,’ Tehran spokesperson says

LONDON: Iran has disputed suggestions by British ministers that more than half a billion dollars paid to secure the release of two hostages has been earmarked for humanitarian spending.

Saeed Khatibzadeh, spokesperson for Iran’s foreign ministry, told reporters on Thursday that the $530 million paid to Iran had already been transferred to the treasury and was not being safeguarded by another country.

British Foreign Secretary Liz Truss has said the funds were ringfenced for the purchase of humanitarian goods — but Iranian authorities dispute that.

“This money is in complete possession of Iran and the manner of spending the repaid amount is completely subject to the decision of the Islamic Republic of Iran,” Khatibzadeh said.

Both the UK and Tehran have sought to downplay the link between the $530 million handed over to Iran — owed due to a historic debt resulting from un unfulfilled order of thousands of tanks by the republic’s former government — and the release of detained dual nationals Nazanin Zaghari-Ratcliffe and Anousheh Ashoori. 

Truss said that the money had been paid back “in parallel” with the freeing of the hostages, while Iranian daily newspaper Keyhan said the UK was “forced” by Iran to repay the debt. 

Dozens of Iranian dual nationals and foreign citizens are being held in Iranian prisons or barred from leaving the country in what many regard as attempts to build leverage with Western countries.

The release of Zaghari-Ratcliffe and Ashoori took place against the backdrop of late-stage negotiations between the US and Tehran over the return to an agreement to curb Iran’s nuclear research in exchange for sanctions relief.

Iranian Foreign Minister Hossein Amir-Abdollahian said: “We are closer than ever to the endpoint to reach an agreement, but what can determine a good and lasting agreement is realistic behavior by the US, and no new and incorrect demands.”


Russia says Ukraine attacked Putin’s home, Kyiv calls this ‘lie’

Satellite imagery shows Vladimir Putin’s residential complex in Roshchino, Novgorod Region, Russia August 31, 2023. (Reuters)
Updated 29 December 2025
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Russia says Ukraine attacked Putin’s home, Kyiv calls this ‘lie’

  • Zelensky called Russia’s claim “complete fabrication” designed to derail peace process, suggested Moscow was preparing to intensify bombardment of Ukraine

KYIV: Russia accused Ukraine on Monday of having fired dozens of drones at one of President Vladimir Putin’s homes, an accusation that Ukraine called a “lie” aimed at undermining US-led efforts to end the war.
Russian Foreign Minister Sergei Lavrov, who does not typically announce drone strikes, said Ukraine had fired “91 long-range unmanned aerial vehicles” at Putin’s residence in the Novgorod region between late Sunday and early Monday, all of which were shot down.
“Given the complete degeneration of the criminal Kyiv regime, which has shifted to a policy of state terrorism, Russia’s negotiating position will be reconsidered,” Lavrov said, without elaborating.
Ukrainian President Volodymyr Zelensky, who met with US President Donald Trump on Sunday for talks on ending the war, called Russia’s claim “a complete fabrication” designed to derail the peace process and suggested Moscow was preparing to intensify its bombardment of Ukraine.
“Russia is at it again, using dangerous statements to undermine all achievements of our shared diplomatic efforts with President Trump’s team,” the Ukrainian leader wrote on X.
Russia’s accusation comes at a pivotal moment in the peace process.
Ukraine says it has agreed to 90 percent of a US-drafted peace plan — including the issue of post-war security guarantees — though the issue of territory in a post-war settlement remains unresolved.
Russia, which has stayed silent about what parts of the US plan it has agreed to, said Monday it was still committed to the peace process but would “revise” its position in light of the alleged drone attack.
Russia invaded Ukraine in February 2022, describing it as a “special military operation” to demilitarise the country and prevent the expansion of NATO.
Kyiv and its European allies say the war, the largest and deadliest on European soil since World War II, is an unprovoked and illegal land grab that has resulted in a tidal wave of violence and destruction.
Territory main sticking point
Trump has held talks with both sides in recent days, including a phone call with Putin on Monday that the White House described as “positive.”
During talks with Zelensky on Sunday, Trump offered Kyiv long-sought-after security guarantees for a period of 15 years, according to Kyiv.
But the issue of territory and the future of the Moscow-occupied Zaporizhzhia nuclear power plant in southern Ukraine remain unresolved, Zelensky said.
Zelensky said Monday that Kyiv was ready for “any” format of meetings — including with Putin if necessary — but said he still did not think the Kremlin chief wanted peace.
The current plan, revised after weeks of intense US-Ukrainian negotiations, would stop the war at the current frontlines in the eastern Donbas region and establish a demilitarised area.
But the Kremlin has shown no sign of compromise.
Putin said Monday that Russia was pressing ahead with its plan to capture four Ukrainian regions it announced the annexation of in 2022 and that his troops were “confidently advancing.”
Moscow on Monday said it took another village, Dibrova, in Ukraine’s eastern Donetsk region.