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Iran-Contra Affair
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=== Diversion of Funds to the Contras === To fund the Contras, who were engaged in a guerrilla war against the Sandinista government in Nicaragua, funds were diverted from the proceeds of the Iranian arms sales. The diversion of funds involved the circumvention of U.S. laws and Congressional prohibitions. Money was funneled through Swiss bank accounts and other covert channels to support the Contras' activities.
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