The Iran Contra Affair

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The Iran-Contra Affair was an American political scandal of 1985 and 1986, in which high-ranking members in the administration of President Ronald Reagan arranged for the secret sales of arms to Iran in direct violation of United States laws. Profits from the $30 million in arms sales were given to the Nicaraguan right-wing "contra" guerrillas to supply arms for use against the leftist Sandinista government. This, too, was in direct violation of U.S. policy. The chief negotiator …

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…also been implicated, but not charged, in the scandal, issued pardons to many of the top government officials who had been charged or convicted for their role in the Iran-Contra affair. Independent prosecutor Lawrence E. Walsh published his final report on the investigation of the affair in January 1994. Walsh concluded that there was no evidence that Reagan had broken the law, but he noted that Reagan may have participated in, or known about, a cover-up.