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Hull admits the CIA warned him that certain contra leaders were involved in the drug trade but maintains he knew nothing about his land being used for narcotics trafficking. He angrily disputes allegations by Senate investigators that his motive for helping the contras was to make a profit. If the Sandinistas are not overthrown, he wrote in a position paper forWalsh that he provided to TIME, "Central America will be lost and North America will cease to be a world power and eventually fall under the yoke of Communism." To Hull, Senate Subcommittee Chairman John Kerry and his colleagues...

Author: /time Magazine | Title: The Misadventures of el Patron | 11/16/1987 | See Source »

...congressional investigators expect their probe to tie up some of the loose connections of the Iran-contra affair. Hull greatly admired former National Security Council Aide Oliver North, the contras' aggressive champion. When North's associate Robert Owen appeared before Congress's Iran-contra committees last spring, he read a treacly ode to the Marine colonel penned by none other than John Hull. The contras gain sustenance, the poem read, from the "knowledge that on this troubled earth there still walk men like Ollie North . . . In our lifetime, you have given us the legend...

Author: /time Magazine | Title: The Misadventures of el Patron | 11/16/1987 | See Source »

Both Owen and North, however, suspected that contra suppliers were dealing in narcotics. After a conversation with Owen on Aug. 9, 1985, North scribbled a message in the spiral notebook he used as a diary: "DC-6 which is being used for ((contra supply)) runs out of New Orleans is probably being used for drug runs into...

Author: /time Magazine | Title: The Misadventures of el Patron | 11/16/1987 | See Source »

Hull, never summoned to appear before the Iran-contra committees, says he did talk to Walsh's investigators under a grant of limited immunity. Hull told them that in 1984 and 1985 he received $10,000 a month from Contra Leader Adolfo Calero to finance rebel support activities. Though he insists he answered the independent counsel's questions honestly, Hull is concerned that Walsh might try to indict him for perjury...

Author: /time Magazine | Title: The Misadventures of el Patron | 11/16/1987 | See Source »

...used for its designated purpose. Embarrassed opic officials conceded that collateral for the loan was valueless and said they had asked the Justice Department for a fraud investigation. Senate probers suspect the money was used to finance some of the covert operations that North described during the Iran-contra hearings...

Author: /time Magazine | Title: The Misadventures of el Patron | 11/16/1987 | See Source »

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