Publisher's Synopsis
Excerpt from S. 24, the Independent Counsel Reauthorization Act of 1993: Hearing Before the Committee on Governmental Affairs, United States Senate, One Hundred Third Congress, First Session on S. 24, to Reauthorize the Independent Counsel Law for an Additional 5 Years, and for Other Purposes; May 14, 1993
The bipartisan Committee Report went on to state the following.
The President himself told the public that early reports of arms sales for hostages had 'no foundation.' He told the public that the United States had not traded arms for hostages. He told the public that the United States had not condoned the arms sales by Israel to Iran, when, in fact, he had approved them and signed a finding, later destroyed by Poindexter, recording his approval. Ao cording to the iran-contra Committee, All of these statements by the President were wrong.
The preface to the Committee Report stated, Few principles of us. Po icy are stated more forcefully by the Reagan administration than refusing to traffic with terrorists or sell arms to the govern ment of the Ayatollah Khomeini of Iran. Although the administra tion initially denied the reports, by mid-november [1986] it was clear that the United States had sold arms to Iran and had hoped thereby to gain the release of American hostages in Leb anon.
So the issues, the positions of the individuals involved, and the allegations in the iran-contra investigation far exceed in impor tance and political volatility those of any other independent counsel proceeding, or probably any other criminal investigation in recent history in the United States.
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