Downright bizarre - $99,999,999.99

From reporter Claudia Rosett at the The New York Sun:

Riddle of $1.3 Billion for Iran Might Relate to 13 Outlays Of Exactly $99,999,999.99
Congressional investigators trying to uncover the trail of $1.3 billion in payments to Iran might want to focus on 13 large, identical sums that Treasury paid to the State Department under the generic heading of settling “Foreign Claims.”

The 13 payments when added to the $400 million that the administration now concedes it shipped to the Iranian regime in foreign cash would bring the payout to the $1.7 billion that President Obama and Secretary Kerry announced on January 17. That total was to settle a dispute pending for decades before the Iran-U.S. Claims Tribunal in at The Hague.

The $400 million that was not ransom?

Last week, the State Department finally confirmed that the January 17 cash shipment was used as “leverage” to ensure Iran’s release that same day of four American prisoners — fueling questions about whether the Obama administration, despite its denials, had paid ransom.

And the other payments to Iran - not directly to Iran but made through the State Department with the blessings of Loretta Lynch - our Attorney General

The 13 payments that may explain what happened are found in an online database maintained by the Judgment Fund. A search for “Iran” since the beginning of this year turns up nothing. But a search for claims in which the defendant is the State Department turns up 13 payments for $99,999,999.99.

They were all made on the same day, all sharing the same file and control reference numbers, all certified by the U.S. Attorney General, but each assigned a different identification number. They add up to $1,299,999,999.87, or 13 cents less than the $1.3 billion Messrs. Obama and Kerry announced in January.

Together with a 14th payment of just over $10 million, the grand total paid out by Treasury from the Judgment Fund on that single day, January 19, for claims pertaining to the State Department, comes to roughly $1.31 billion.

I am betting that there was some reporting trigger set at $100 million and they wanted to avoid setting it off. Maybe automatic reporting to Congress.