RFERL:

Iran’s envoy to Britain said on November 17 that Britain plans to transfer more than 400 million pounds ($527 million) soon to settle a debt from the 1970s.

Ambassador Hamid Baeedinejad made the announcement in a statement posted to his Telegram social-media account, saying there was no link between the debt payment and the issue of an Iranian-British aid worker who has been jailed by authorities in Tehran.

Britain owes the funds to Iran as a result of a disputed arms deal during the 1970s and has sought legal advice about whether it could transfer the money to Iran.

Britain’s Telegraph newspaper reported on November 15 that the British government is preparing to transfer the funds to Iran as it seeks the release of a jailed Iranian-British aid worker.

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