Friday, November 03, 2006

The Iran Contra scandal revisited

Lt. Col. Oliver North, was the military aide to President Reagan’s National Security Adviser. He engineered in 1986 the surreptitious sale of anti-tank missiles to the US avowed enemy Iran at a mark-up of $15 mln which was used to fund the CIA-aided Contras in Nicaragua. The Contras were trying to forcibly overthrow the Marxist Sandinista (FSLN) government of Daniel Ortega, who had been elected the President of Nicaragua in 1984.

This issue needed a revisit here (on this blog) in connection with the recent statements by the American ambassador to Nicaragua showing support for a particular political party in the elections and North joining the issue saying that America should stop pressurizing private sector leaders with potential reprisals.