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Iran–Contra affair

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1986 · Washington · Americas · Politics

Arms for Iran, money for Nicaraguan rebels

Iran–Contra affair
Wikimedia Commons

In November 1986 the Lebanese magazine Ash-Shiraa revealed that the Reagan administration had secretly sold arms to Iran to free hostages; part of the proceeds funded Nicaragua's Contras despite a ban by Congress. Once Oliver North's secretary transposed a Swiss account number, sending $10 million from Brunei to a stranger.

State: United States of America

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