Word: calero
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Dates: during 1980-1989
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...donations he solicited for the contras to bankroll his plush Washington offices, stretch limos and hefty payments to friends and associates. Even Oliver North, the superpatriotic National Security Council aide who ran the Iran-contra initiatives, cashed $2,000 worth of traveler's checks received from Contra Leader Adolfo Calero while purchasing groceries, hosiery and snow tires. Ironically, the often maligned contras apparently did not have the sticky fingers of some of their benefactors. Sources on the congressional committees say Calero was "meticulous" in keeping records of funds entrusted...
...Contra Leader Adolfo Calero testified that he gave North $90,000 in traveler's checks in 1985, supposedly to assist in the rescue of U.S. hostages held in Lebanon. Investigators, however, disclosed last week that North had cashed $2,000 worth and spent some in stores near his home. He bought, among other things, two snow tires for $100. Senator Rudman, using sarcasm to make the point that the money was not spent for any public purpose, asked Calero "when was the last time it snowed in Nicaragua." The contra leader allowed that it does not snow in Nicaragua...
Filling out the picture will be some lesser-known field agents who helped create the private network that kept the contras fighting despite the official cutoff. Among them: Robert Owen, who as North's roving envoy in Central America allegedly arranged weapons shipments, and Contra Leader Adolfo Calero, who will be asked about what help the rebels actually received...
...moderate Rebel Leader Alfonso Robelo said he would not seek re-election to the directorate of the United Nicaraguan Opposition, the umbrella group that oversees contra operations. Robelo's move, coupled with last month's resignation of fellow Moderate Arturo Cruz, could greatly strengthen the political role of Adolfo Calero, leader of the main contra military organization, the Nicaraguan Democratic Force. Amid the swirling political crosscurrents, TIME Correspondent Ricardo Chavira visited several contra bases last week in Nicaragua. His report...
...from a foundation set up by Carl Channell, a conservative fund raiser, was sent indirectly to a Swiss bank account known as Lake Resources. North had used the same account to receive some of the proceeds from the Iran arms sales and reportedly to help fund the contras. Still, Calero insisted, his organization never got any money from Iranian arms deals. Said he: "I wish we had. We're $2 million in debt...