The contra were a rebel movement in Nicaragua fighting to overthrow the socialist regime of the country. The Reagan administration was involved in a covert arms deal with Iran to raise money to fund the rebels.<span>The Iran–Contra affair also referred to as Iran gate,involved the National security council, and investigations into its dealings brought about prosecution and resignation. </span>
The Reagan administration was
involved in a covert arms deal that involved sales to Iran to fund the Contra<span> rebels in
Nicaragua fighting to overthrow their socialist government. The resulting Iran-Contra
scandal resulted in the conviction and resignation of a number of officials in
his administration</span>