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In April 1989, Timpani was involved in a deal to sell three C-130s to Tehran, working with Richard St. |
Mike Timpani was an individual who worked for GeoMiliTech (GMT), a Central Intelligence Agency-financed company. He was involved in various arms deals, particularly concerning the sale of C-130 aircraft to Iran.1
In April 1989, Mike Timpani was involved in a deal to sell three C-130s to Iran, working with Richard St. Francis of TransCapital Corporation and Joseph O'Toole. This deal was intended to be a go-between for Israel and Iran. He was slated to make a personal profit of $2 million from this deal.1
Footnotes
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Ben-Menashe, Ari. Profits of War: Inside the Secret U.S.-Israeli Arms Network. TrineDay, 1992. ↩︎