CIA RESPONDS TO INACCURATE REPORTS ON FUND DIVERSION

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP99-01448R000301230007-3
Release Decision: 
RIFPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
December 22, 2016
Document Release Date: 
August 22, 2012
Sequence Number: 
7
Case Number: 
Publication Date: 
January 9, 1987
Content Type: 
OPEN SOURCE
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PDF icon CIA-RDP99-01448R000301230007-3.pdf38.87 KB
Body: 
Declassified and Approved ForRelease2012/08/22 : CIA-RDP99-01448R000301230007-3 9 January 1987 CIA RESPONDS TO INACCURATE REPORTS ON FUND DIVERSION Inaccurate reports in the media, based on selective leaks have misrepresentet wi-at Cirector :-ase. art P;eputy Director Oates knew about 3 possible diversion of Irrian fLr('s to the contras and when they knew it. It is time for the Agency to set the retort straigLt Director Casey testified under oath before four Congressional committees that he did not learn that monies may have been diverted to the contras until the White House so informed him just before Attorney General Meese held his press conference on 25 November. In their sworn testimony in December, Director Casey and Deputy Director Gates also made a full disclosure to Congress about speculation that had reached them in October concerning a possible diversion of funds and what they had done about that information. When Director Casey and Deputy Director Gates were informed in the fall of 1986 of tenuous speculation -- repeat tenuous speculation -- that some Iranian monies may have been diverted to the contras, they took appropriate action. They reported their concerns to the NSC several times in October, and Director Casey recommended that the White House counsel review the program. No credible evidence of a diversion of monies ever care to the attention of the Agency. Most importantly, there is no indication whatsoever that CIA was involved in any diversion of funds, that CIA misused its funds or violated any law. Declassified and Approved For Release 2012/08/22 : CIA-RDP99-01448R000301230007-3