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This is an archive article published on September 13, 2011

Iran sets $500,000 bail for each jailed Americans

Iran says he informed the Swiss Embassy about the decision.

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A defense attorney says Iran has set a bail of $500,000 each for two Americans arrested more than two years ago and convicted on spy-related charges.

Lawyer Masoud Shafiei says the court would free Shane Bauer and Josh Fattal after payment of the bail.

Shafiei says he informed the Swiss Embassy on Tuesday about the decision. The Swiss represents US interests in Iran.

The bail amount is the same set last year for the release of a third American,Sarah Shourd,who was arrested with Bauer and Fattal along the Iran-Iraq border in July 2009.

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