Word: furmark
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Persisting, Furmark visited Casey in his Langley, Va., headquarters on Nov. 24, the day before Meese announced that the contras were receiving money from the Iran weapons deals. Furmark told Casey that Manucher Ghorbanifar, an Iranian middleman in the arms deal, was claiming that the missing money had gone to the contras. Said Furmark: "Casey placed a call to Don Regan but couldn't get him. He then tried Poindexter and could not get him either. Finally he called North and said, 'There is a man here who says you owe him $10 million.' He chatted with North...
Casey, who appeared to be stalling Furmark, says he had conveyed his friend's complaints to Poindexter on Oct. 8. "He was surprised and concerned about it," Casey says of Poindexter. "I advised him I thought he ought to get prepared to pull the whole story together and make a public statement. He said he didn't want to do that because it was an ongoing operation. They were hoping to get some hostages out." Casey advised Poindexter to get a lawyer and then took another surprising step: he asked North whether any CIA people had been involved...
Didn't the Furmark episode contradict Meese's assertion that Casey had been ignorant of the fund diversion? Not really, Casey later told newsmen. Furmark's story gave him only a "whiff" that money had been diverted and caused him to start "asking some questions." But he had not been sure of the diversion to the contras, he insisted, until Meese made his announcement...
...York Businessman Roy Furmark, a consultant to Saudi Billionaire Adnan Khashoggi, described a financial mystery in an interview with TIME. His story: Khashoggi lined up $25 million in bridge financing for U.S. sales of arms to Iran this year. Toronto Investors Donald Fraser and Ernest Miller, together with some Middle Eastern and European investors, routed the $25 million via Khashoggi into the Swiss account of Lake Resources, Inc. -- $10 million in February and $15 million in May. Why Lake Resources? Says Furmark: "Mr. Khashoggi said Mr. Nir of the Israeli government told him that Lake Resources was the account...
...closed-door testimony to the House Foreign Affairs Committee -- which promptly leaked -- Casey disclosed that Furmark had indeed warned him that there were irregularities involving the profits from the Iranian arms deals. Casey got this tip on Oct. 7, more than a month before the contra diversions were publicly revealed by Meese. Casey promptly took the information to Poindexter and, one of his aides says, suggested that "he get himself a lawyer...