Iran-Contra Affair
A scheme (1985–1986) in which Reagan administration officials secretly sold arms to Iran to fund Nicaraguan Contras, circumventing a congressional ban. Exposed by a Lebanese magazine and confirmed by the Tower Commission and Walsh independent counsel.
Key Claims
- 01NSC staff (Oliver North) ran the operation out of the White House.
- 02Proceeds funded Contras during the Boland Amendment ban.
- 03Reagan denied knowledge; later admitted arms-for-hostages.
Counter-Evidence & Fact-Checks
Fully confirmed by congressional and independent counsel investigations. North was convicted (overturned on appeal). Multiple officials pardoned by President George H.W. Bush in 1992.
Timeline of Record
- 1986-11-03Lebanese magazine Ash-Shiraa breaks the story.
- 1987-02-26Tower Commission report released.
- 1994-08-04Independent Counsel Lawrence Walsh's final report.
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