CENTRAL INTELLIGENCE AGENCY
Hr. David R. Gergan.ORLD.
U.S.ORLD REPORT, fn Usecember edition,ASHINGTON POST allegation that profits fron the jran arms sales *ere depositedIA-nanaged account and Mere "dispersed not only to the contrasentral America, but to the rebels fighting Soviet troops. NEWS, however, neglected to publish CIA's on-the-record refutation of the POST'S assertion.
We are surprised by the oalssion. Host major media, including THE WASHINGTON POST, clearly reported our denial which was carried by the news services to. NEWS subscribes. One can only speculate. NEWS' motiveseclining to give Its readers the same balanced view of the situation that the rest of the media chose to give thefr viewers and subscribers.
Your readers should know that6 the Agency issued the following statement:
"The only funds related to the Iranian program that passed through
Agency hands wereillion owed to the Pentagon for arms. The
funds received from the Iranians were segregated when received and were
passed on promptly to the Pentagon. The Agency received no profits from
any activities with the Iranians, nor were any funds which passed through
Agency hands from the Iranians diverted to the contras or any other covert action programs."
A George V. Lauder n Director, Public AffairsOriginal document.