Investigative journalist Gary Webb publishes his explosive three-part “Dark Alliance” series in the San Jose Mercury News, examining connections between the CIA, U.S.-backed Nicaraguan Contra rebels, and the crack cocaine epidemic that devastated African American communities during the …
President George H.W. Bush issues sweeping pardons to six Iran-Contra defendants on Christmas Eve, twelve days before former Defense Secretary Caspar Weinberger’s trial was scheduled to begin. The pardons cover Weinberger, former National Security Adviser Robert McFarlane, former Assistant …
Former Defense Secretary Caspar Weinberger is indicted by a federal grand jury on five felony counts of lying to Congress and investigators about the Iran-Contra scandal, marking the highest-ranking Reagan administration official charged in the affair. Independent counsel Lawrence Walsh brings the …
Customs and bank regulators in seven countries simultaneously raid and shut down the Bank of Credit and Commerce International (BCCI), exposing what becomes known as the largest corporate criminal enterprise in history. The shutdown follows a Price Waterhouse investigation ordered by the Bank of …
Former President Ronald Reagan is questioned under oath in a videotaped deposition for the trial of former National Security Advisor John Poindexter, providing 293 pages of testimony in which he repeatedly claims he cannot recall virtually any specific details of the Iran-Contra affair. …
Lieutenant Colonel Oliver North is convicted on May 4, 1989, of three felony charges stemming from his central role in the Iran-Contra scandal: accepting an illegal gratuity (a security fence for his home), aiding and abetting in the obstruction of a congressional inquiry, and ordering the …
CIA Director William Casey dies at age 74 from nervous-system lymphoma, taking critical knowledge of the Iran-Contra scandal to his grave without ever testifying before Congress. Casey dies less than 24 hours after former colleague Richard Secord testifies that Casey supported the illegal aiding of …
Joint congressional hearings on the Iran-Contra affair begin, launching seven weeks of televised testimony that becomes the most-watched series of congressional hearings since the Senate Watergate Committee hearings in 1973. The House Select Committee to Investigate Covert Arms Transactions with …
The Tower Commission delivers its report on the Iran-Contra affair to President Reagan, producing findings widely criticized as a whitewash that shields Reagan from accountability while blaming subordinates for the illegal scheme. The commission, composed of former Senator John Tower, former …
Attorney General Edwin Meese announces that proceeds from secret arms sales to Iran were illegally diverted to fund Nicaraguan Contra rebels, publicly exposing the Iran-Contra scandal that had been revealed three weeks earlier by the Lebanese magazine Ash-Shiraa on November 3. The announcement comes …
National Security Council staff member Oliver North and his secretary Fawn Hall begin systematically shredding documents that would expose illegal activities related to arms sales to Iran and the diversion of proceeds to Nicaraguan Contra rebels. The five-day document destruction campaign, running …
President Reagan signs a finding on December 5, 1985, retroactively authorizing covert arms sales to Iran already conducted by National Security Advisor Robert McFarlane, formalizing an illegal shadow foreign policy run through the National Security Council. McFarlane had undertaken the sale of …
Israel sends 96 American-made BGM-71 TOW anti-tank missiles to Iran through arms dealer Manucher Ghorbanifar, marking the first covert arms shipment in what becomes the Iran-Contra scandal. Hours after receiving the weapons, the Islamic fundamentalist group Islamic Jihad releases one American …
Congress passes the most restrictive version of the Boland Amendment, explicitly prohibiting any U.S. government agency involved in intelligence activities from providing support for military or paramilitary operations in Nicaragua. The amendment, effective from October 3, 1984, to December 3, 1985, …