National Endowment for the Preservation of Liberty

The National Endowment for the Preservation of Liberty (NEPL) was a shell company used by Oliver North to provide funds and support the Contras who were fighting the left-wing Sandinista government.

The company was a way for wealthy American citizens who were sympathetic to Reagan's Contra policy to donate large sums of money and arms to Nicaragua.

Mousalreza Ebrahim Zadeh, a fraudulent representative for the Saudi Government, promised to donate fourteen million dollars to the cause.

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.

Inc. accountrn,n,s,n -------------------------------------------------------------------------------------------------------------------------------- “In the spring of 1987 Channell and Miller each pleaded guilty to a felony: conspiracy to defraud the United States.

The pleas were based on Channell and Miller's illegal use of a tax-exempt organization to raise funds for non-charitable items, including weapons and other lethal supplies for the contras.”- Final Report of the Independent Counsel for Iran/Contra Matters[1]