Oliver North Indicted

Date: March 16, 1988 • Location: Tehran, Iran

Iran–Contra affair: Lieutenant Colonel Oliver North and Vice Admiral John Poindexter are indicted on charges of conspiracy to defraud the United States.

The Iran–Contra affair or Iran–Contra scandal, also referred to as the Iran Initiative or Contragate, was a political scandal in the United States that centered on arms trafficking to Iran between 1981 and 1986, facilitated by senior officials of the Reagan administration. The administration hoped to use the proceeds of the arms sale to fund the Contras, an anti-Sandinista rebel group in Nicaragua. Under the Boland Amendments, a series of laws passed by Congress and signed by Ronald Reagan, further funding of the Contras by legislative appropriations was prohibited by Congress, but the Reagan administration continued funding them secretly using non-appropriated funds.