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Iraq was counting on the $1 billion, and receiving only half of the amount expected caused a major blow to Iraq and initiated the deterioration of US-Iraqi relations, which ultimately ended in war. The BNL and the Export-Import Bank Thanks to the USDA’s CCC Guarantee Program, the United States freed up $5 billion for Iraq to spend on weapons, technology, vehicles, chemicals, and whatever else they needed to win the war. But that wasn’t enough for the US government, American corporations, and the Atlanta-BNL.

Those officials contacted US Ambassador Peter F Secchia in order to cooperate with US investigators and conduct some form of damage control. US officials then insisted on playing down the importance of the scandal here in America, and even pushed for the $1 billion guarantee for Iraq in 1989 (as noted earlier). The Bush administration even intervened in the case to prevent indictment of the Central Bank of Iraq while the Gulf War was raging. No charges were formally brought in the BNL-Atlanta case for another year until 24 America and the New American Century exactly one day after President Bush ordered a cease-fire in the Persian Gulf War.

The US had taken sides. With Iraq already on the brink of losing the war, “CIA Director Casey personally spearheaded the effort to ensure that Iraq had sufficient military weapons, ammunition and vehicles to avoid losing the Iran Iraq War,” as stated in the Declaration of National Security Council-member Howard Teicher (3). The State Department and National Security Council (NSC) were well aware that Iraq had been using chemical weapons against Iranian troops since 1982, with increased use in 1983.

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