IN the Iran-Contra scandal, Reagan administration officials secretly sold weapons to Iran in a failed attempt to gain the release of American hostages. That activity violated U.S. policy. What did the Reagan aids do with the money from the arms sale?

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19-12-2022
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IN the Iran-Contra scandal, Reagan administration officials secretly sold weapons to Iran in a failed attempt to gain the release of American hostages. That activity violated U.S. policy. What did the Reagan aids do with the money from the arms sale?

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afreenmajid123 afreenmajid123 · Answer 1 · 2022-12-21T20:23:18-05:00

In the Iran-Contra affair,the Reagan administration secretly sold weapons to Iran to effect the release of US hostages being held in Lebanon with administration money.

Between 1981 and 1986,senior administration officials secretly facilitated arms sales to Iran, which was subject to an arms embargo.The second covert foreign policy initiative was arms sales to Iran in exchange for the release of American hostages held by the Iranians.The allies in the operation had two objectives first,to sell arms to Iran in the hope of securing the release of US hostages in Lebanon,and second,to illegally siphon off the proceeds.Walsh concluded that neither Reagan nor Bush violated any criminal law in connection with the matter in which the reagan administration.

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