Word: coverting
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...report does not cite specific ways in which Reagan failed to uphold the law. But it raps him for allowing the National Security Council rather than the CIA to conduct covert operations and then failing to monitor the activity closely to see that it was kept within the boundaries of the law. NSC staff members were "out of control," the report says, with Oliver North and Poindexter "privatizing" foreign policy and allowing retired Air Force Major General Richard Secord and his business partner, Albert Hakim, to handle American negotiations with Iran and control huge sums of money from the transactions...
Cohen credits the committee with having traced the arms-sales money, something neither the Tower commission nor the Senate intelligence committee was able to do. He notes that the committee discovered the "off-the-shelf" covert operations directed by North and revealed the extent of Administration efforts to fund the contras after Congress had refused further...
...testified that almost none of the $375,000 was 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...
...WEEKS ago, a Congressional investigating body concluded that the Reagan Administration had breached restrictions on the use of federal funds for publicity or propaganda purposes. Since 1985, the body found, the State Department has been illegally conducting a "covert propaganda" operation to "favorably influence" public support for the Nicaraguan contras. While this may appear to be one of the more insignificant revelations to emerge in connection with the Iran-contra scandal, it in fact illustrates a dangerous trend toward the politicization of previously non-political entities...
Veil also gives a detailed account of the CIA's history of covert support for the Nicaraguan contras and reveals that the agency, beginning in the Carter years, gave financial aid to La Prensa, the opposition newspaper that was shut down for 15 months by the Sandinista government before reopening last week. Past charges by the Sandinistas that the paper was CIA-supported have been denied, and Publisher Violeta Chamorro last week labeled Woodward's revelation "totally false...