John M. Olin Foundation

John M. Olin Foundation Begins Eight-Year Operation as Secret CIA Money Laundering Bank

| Importance: 9/10

The John M. Olin Foundation, established in 1953 by chemical and munitions manufacturer John M. Olin, begins serving as a secret “bank” for the Central Intelligence Agency in 1958, according to Jane Mayer’s Dark Money. Between 1958 and 1966, the foundation launders $1.95 million …

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