THE Nicaraguan Catholic hierarchy received in covert funding $100,000 from a group determined to overthrow the democratically elected Sandinista government according to a report in Newsweek. One of the group sending aid was Colonel Oliver North, a leading figure in the Irangate arms scandal.
The flow of money began in 1985 after a congressional committee ended CIA funding of the Church, Newsweek claims. Congress had blocked such payments for fear that the Church would be compromised if any such payments came to light, the June 15 edition of the influential American magazine states. intelligence community and the Nicaraguan opposition", Newsweek said that Colonel North with White House knowledge and consent used an account in the Caymen Islands as well as unnamed banks in New York and Miami, to channel "at least $125,000" to the church. It said that the cash reached Nicaragua in a variety of ways, including archdiocese accounts, "contra" couriers and church workers travelling back to the Central American country.
Newsweek added that they possessed no evidence that Cardinal Obando y Bravo. Archbishop of Managua and an outspoken opponent of the Sandinistas, knew of the source of the money that wa3 administered by his archdiocese