by John Poindexter
May 27, 1986
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UNITED STATES GOVERNMENT
memorandum
DATE: 27 May 1986
REPLY TO
ATTN OF: Mr. John M. Poindexter, NSA
SUBJECT: MAGG PIE PROFS: 31305086
TO: William J. Casey, Hq. CIA
Bill:
Several days after the last of Khashoggi's payment was deposited in Lake Resources account - number 386-430-22-1, Agents Robert Hunt (ONI) and Oliver North (NSC) worked on Albon Valves -- a shell company for additional funding. They deposited $26,490 to an account named "Korel." Four days later, Hyde Park Square, another account dispensed $200,000 as capital for the Button Account set up for Robert Hunt, Oliver North, George Cave, Howard Teicher, Gunther Russbacher and John Segal and their families. We considered the personal benefits of these agents. Those accounts must be kept confidential for security reasons.
Yours truly,
John Poindexter
cc: VP Bush
O. North