The Shocking Trigger Behind Today’s Gulf Scandal: Qatar Paid Al-Qaeda, Iran $1BN In Hostage Deal, by Tyler Durden

Here’s one way to fund terrorists: pay their ransom demands. From Tyler Durden at zerohedge.com:

The FT has unveiled what its believes is the key trigger behind the shocking overnight collapse in diplomatic relations between Qatar and its Gulf neighbors. According to the FT, the catalyst that forced the Saudis and their allies to unveil the cut in diplomatic and economic ties, is that Qatar allegedly paid up to $1 billion to Iran and al-Qaeda affiliates “to release members of the Gulf state’s royal family who were kidnapped in Iraq while on a hunting trip, according to people involved in the hostage deal“; the secret deal was allegedly one of the triggers behind Gulf states’ dramatic decision to cut ties with Doha.

The details of the payoff: “around $700m was paid both to Iranian figures and the regional Shia militias they support, according to regional government officials. They added that $200m to $300m went to Islamist groups in Syria, most of that to Tahrir al-Sham, a group with links to al-Qaeda.

A regional Arab official said the total paid to jihadi groups was closer to $300m. “So, if you add that up to the other $700m they paid to Iran and its proxies, that means Qatar actually spent about a billion dollars on this crazy deal,” he said.

* * *

The Iraqi Shia militia commanders in Iraq, all from hardline Iranian-backed groups, said that, to their knowledge, Iran had obtained around $400m after giving them a payment they would not disclose. They agreed to share some details because they were unhappy about their share of the payment.

“They [the Iranians] took the lion’s share,” said a member of one of the Iranian-backed Shia militias in Iraq. “That’s caused some of us to be frustrated, because that was not the deal.”

The “ransom payments are the straw that broke the camel’s back,” said one Gulf observer.

Not to be confused with the Obama administration secretly airlifting crates full of $1.7 billion in cash to Tehran to release five US hostages held by Iran, the FT writes that commanders of militant groups and government officials in the region told the Financial Times that “Doha spent the money in a transaction that secured the release of 26 members of a Qatari hunting party in southern Iraq and about 50 militants captured by jihadis in Syria.”

To continue reading: The Shocking Trigger Behind Today’s Gulf Scandal: Qatar Paid Al-Qaeda, Iran $1BN In Hostage Deal

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