The funds were from the NEPL and sent directly to the Contras. In 1985, Channell organized an operation to support a ``Nicaraguan Refugee Fund Dinner''. The dinner was intended to raise money to fund the Contras. The company began giving Adolfo Calero public relations advice to the Calero’s Nicaraguan Development Council and received $44,000. After their first White House briefing, wealthy donors donated thousands of dollars. Mousalreza Ebrahim Zadeh, a fraudulent representative for the Saudi Government, promised to donate fourteen million dollars to the cause. More than $257,000 were allocated to the IBC.
In June 1985 Oliver North and Richard Secord diverted funding to the “Enterprise” which was a name commonly used for the illegal trading of weapons and training of Contra troops. The Enterprise started a company known as the Stanford Technology Trading Group International. The company was run by Albert Hakim and Secord. They also created a string of shell companies throughout Switzerland. The company received over 33 million dollars from Iran dealings (related to the selling of U.S arms in Iran). North ordered Miller to send 1.7 million dollars to the Enterprise's Lake Resources account in Switzerland and to offshore Cayman Island bank accounts.
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.....9/20/85: .....$130,000 .....from the I.C. Inc. account
.....9/26/85: .....$100,000 .....from the I.C. Inc. account
.....11/1/85: .....$150,000 .....from the I.C. Inc. account
.....11/18/85: .....$48,000 .....from the I.C. Inc. account
.....12/16/85: .....$300,000 .....from the IBC account
.....1/21/86: .....$360,000 .....from the I.C. Inc. account
.....4/11/86: .....$650,000 .....from the I.C. Inc. accountrn,n,s,n
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