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Iran-Contra Jury Indicts Poindexter, North, Two Others
[Home Edition]
Los Angeles Times (pre-1997 Fulltext) - Los Angeles, Calif.
Author: RONALD J. OSTROW
Date: Mar 17, 1988
Start Page: 1
Section: 1; National Desk
Text Word Count: 1880
 Abstract (Document Summary)

[John M. Poindexter], President Reagan's former national security adviser, and [Oliver L. North], a White House aide on Poindexter's staff, were accused of secretly supporting Nicaragua's rebels with profits from U.S. arms sales to Iran.

From late 1985 to 1986, Poindexter, North, Secord and Hakim exploited and corrupted the secret program to sell arms to Iran to help release American hostages by diverting millions of dollars in profits to Enterprise bank accounts, according to the indictment. The money was to be spent, with Poindexter's approval, for purposes designated by North, Secord and Hakim, including buying military weapons and supplies for the Contras.

PHOTO: below, John Poindexter. / Los Angeles Times; PHOTO: Lt. Col. Oliver North at a press conference after indictment and, / BERNIE BOSTON / Los Angeles Times; PHOTO: Oliver L. North; PHOTO: [Richard V. Secord]; PHOTO: John M. Poindexter; PHOTO: [Albert A. Hakim]

Reproduced with permission of the copyright owner. Further reproduction or distribution is prohibited without permission.
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