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This Day in Asian History July 06

1987 Iran-Contra hearings begin in the United States
  U.S. Lt. Col. Oliver North began his long-awaited public testimony at the Iran-Contra hearing on this day, telling Congress that he had ``never carried out a single act, not one'' without authorization. The Iran-Contra Affair involved high-ranking members in President Reagan’s administration who arranged the secret sale of arms to Iran in direct violation of existing U.S. laws. Profits from the $30 million in arms sales were channeled to the Nicaraguan right-wing "contra" guerrillas to supply arms for use against the leftist Sandinista government. Lieutenant Colonel Oliver North, a military aide to the National Security Council, was the chief negotiator of these deals between the U.S., Iran and Nicaragua.

  








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