Word: ransoming
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...army Second Corps, and John Patrick Egan, a U.S. government representative. Some 700 people were killed by guerrillas, most of them members of the security forces. The guerrillas kidnaped scores of businessmen, particularly foreigners, and companies such as Kodak, Exxon, Firestone and Ford paid out millions of dollars in ransom and blackmail. In the kidnaping of two scions of the Argentine trading conglomerate Bunge & Born, the guerrillas reportedly netted $60 million...
...Iran used part of the money to repay about $3.7 billion in syndicated international loans. Another $1.4 billion went into a second escrow fund to liquidate loans from individual banks. Thus Iran has directly received only about $2.87 billion so far-a paltry sum compared with the $24 billion "ransom" that Tehran's revolutionary regime had originally demanded. In addition, some $2.3 billion in Iranian assets remains in U.S. banks pending court decisions concerning the numerous attachments on these funds. This money might ultimately be used to satisfy American claims...
...Dutch Passenger Hendrik Seisen, 34, recalled later. The five skyjackers were identified as members of the Komando Jihad, or Holy War Command, a shadowy group of Muslim extremists dedicated to Iran-style Islamic revolution in Indonesia. Nervously brandishing machine guns, grenades and dynamite, they demanded $1.5 million in ransom and asylum for themselves and the 80 militants imprisoned by the government of Indonesian President Suharto...
...vociferous group of critics contends that by turning over any cash at all to the Iranians, the U.S. is paying ransom to the kidnapers and setting a potentially disastrous precedent. Says Michael Ledeen, editor of the Washington Quarterly: "I don't think we should reward criminals with money." Adds Edward Luttwak, a foreign policy expert at Georgetown University: "By saving 52 lives, we sacrificed diplomats all over a world riddled with half-crazy governments." This view is also heard abroad, though mostly in nongovernmental circles. The Swiss newspaper Journal de Genève asserts that the agreement "suggests...
...getting better terms from the Reagan Administration, the President-elect effectively shot them down last week with two highly publicized broadsides. Following up in the mood of his blunt Christmas Eve characterization of the Iranian hostage takers as "criminals," Reagan told reporters: "I don't think you pay ransom for people that have been kidnaped by barbarians...