Word: nicaraguan
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...joint congressional committee was convened following revelations in November that the Administration had sold arms to Iran in an effort to free American hostages held in Lebanon. The proceeds from the arms sales had then been diverted to help the Nicaraguan resistance forces, known as the contras, at a time when Congress had banned...
...after he was relieved of his White House duties, Admiral John Poindexter made it official: there was no smoking gun. Ronald Reagan, his former National Security Adviser claimed under oath, had not been told that profits from the ill-conceived arms deals with Iran were diverted to support the Nicaraguan contras. "I made a very deliberate decision not to ask the President so that I could insulate him from the decision and provide some future deniability," the loyal admiral insisted. Then he lit his pipe, sending up a puff of white smoke. "The buck stops here with...
...during the 1982 invasion of Lebanon. He made this slip during the uproar over the life-imprisonment sentence imposed on an American, Jonathan Jay Pollard, who was caught spying for Israel. In a 1983 incident, members of the Intelligence Committees commented publicly on U.S. and CIA support for the Nicaraguan contras. Administration officials had talked about the subject so often that the Intelligence Committees decided that it was no longer a secret matter...
...testimony before the congressional committees investigating the Iran-contra affair, Poindexter insisted he and he alone gave final approval to Lieut. Colonel Oliver North's proposal to take profits from U.S. arms sales to Iran and divert them to the Nicaraguan rebel forces. He claimed to have exercised this authority without ever telling the President, so as to protect Reagan from the "politically volatile issue" that subsequently exploded on them. "I made the decision," Poindexter declared in an even, matter-of-fact tone. "I was convinced that the President would, in the end, think it was a good idea...
Supporting the Nicaraguan rebels with profits from U.S. arms sales to Iran may have been a misappropriation of federal funds and a violation of the Boland amendment, as well as conspiracy to defraud the Government...