The Iran-Contra scandal unravels - On a televised press conference, President Reagan assures viewers that he was “not fully informed on the nature of the activities undertaken in connection with this initiative” and announces that he was relieving the officials involved of their duties.
Prior to this, on October 5, a US aircraft loaded with materials for the Contras was shot down over Nicaragua by the Sandinista government. On November 3, the Lebanese weekly Al-Shiraa unveiled the whole affair which consisted of secretly selling weapons to Iran, and using the profits to fund the Contras. In 1985 the US made two shipments of arms to Iran via Israel. The following year, it handled the shipments itself. One was delivered to Tehran at the end of May 1986 by Lieutenant Colonel Oliver North, a member of the NSC. North also delivered a bible signed by President Reagan. More
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