TEHRAN- Following the release of Iran’s funds that had been held in South Korea due to U.S. illegal sanctions, the Iranian Foreign Ministry released a statement on Monday about the money and the prisoner swap with the United States.

“In order to achieve the rights of Iranian nationals all over the world as well as Iranians residing in the U.S. and within the framework of an independent process, five Iranian citizens who were illegally prosecuted by the U.S. judicial system due to their normal business activities were released and returned to their families,” the ministry said in the statement. 

“Prior to that, the Iranian assets in South Korea - which had been frozen due to the illegal pressures of the United States, making it impossible to use them for years - were unlocked thanks to diligent pursuit of the issue by the Foreign Ministry and Central Bank of the Islamic Republic of Iran. Through a financial and banking process that lasted several weeks, the assets were transferred to the accounts of Iranian banks in Qatar,” the statement added.

It further continued, “These assets are under the control of the Central Bank of the Islamic Republic of Iran and will be used at the discretion of relevant Iranian authorities and based on the country’s needs and priorities.”

“Undoubtedly, the policies and actions of different administrations in the U.S. in preventing Iran’s free and legitimate access to its financial resources in other countries are illegal and inhumane,” read the statement.

“Nevertheless, the illegal move of the U.S. to abuse the international banking system and put pressure on other countries to limit Iran’s access to its assets does not in any way mean that the governments where these assets are kept have no responsibility in this regard, and those governments must be held to account for their unjustified move to comply with the illegal demands of the U.S. government, the financial losses inflicted on Iran as a result of the long-term freezing of Iranian assets and its humanitarian consequences, especially during the Covid-19 pandemic,” it noted.

The ministry also stressed, “The Iranian people will never forget that. Even during the peak of the Covid-19 pandemic the U.S. regime, while ignoring the health emergency and humanitarian issues as well as repeated requests by the UN secretary general and human rights officials, denied Iran access to its financial resources in South Korea.”

“The Islamic Republic of Iran hereby thanks the government of Qatar for playing an effective role in transferring the assets of Iran and exchanging the prisoners. We also appreciate the valuable efforts of the Sultanate of Oman to advance this process and also the Swiss government’s cooperation and assistance in facilitating all this,” the Foreign Ministry concluded.

Five Iranians who had spent years in U.S. jails were released on Monday in a prisoner swap between Tehran and Washington mediated by Qatar.

“After a successful team effort, five innocent Iranian compatriots in American prisons will be free today and two of them will enter Tehran via Doha,” Kazem Gharibabadi, secretary general of Iran’s High Council for Human Rights, wrote on his X account on Monday.

“The High Council for Human Rights, alongside the government and the judiciary, will remain determined to uphold the rights of Iranians abroad,” he added.

Earlier Monday, Iranian Foreign Ministry spokesperson Nasser Kanaani stated that two of the inmates will be returned to Iran, one will join his family in a third country, and two will remain in the United States.

The process of implementing an agreement with the U.S. on the release of Iran’s assets as well as a prisoner swap has progressed at a favorable pace, said the spokesman.

Back in August, the United States and Iran agreed to liberate five American prisoners in exchange for the release of a number of Iranians held in the U.S. and access to around $6 billion in Iranian oil revenues in South Korea.

It is worth noting that the U.S. is to blame for all moratoriums made in such talks because it had illogically and futilely resisted all legitimate demands by Iran. The American officials thought they had the upper hand in the talks and gave the cold shoulder to any proposals.