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His CIA alias was "Cliff." He pleaded guilty to two counts of withholding information from the Congress about Oliver North's activities and the diversion of Iran arms sale money to aid the Nicaraguan Contras as part of the Iran–Contra affair.
During his tenure with the Nicaraguan rebels, Fiers was known for wholeheartedly supporting Adolfo Calero and Enrique Bermúdez against so-called reformers like Arturo Cruz and Alfonso Robelo. He clashed with the State Department's Elliott Abrams, who supported Cruz and Robelo.
On July 9, 1991, Fiers pleaded guilty to two misdemeanor counts of withholding information from the Congress regarding secret efforts to aid the Nicaraguan Contra rebels. He was sentenced to one year probation and 100 hours community service by U.S. District Chief Judge Aubrey E. Robinson, Jr. on January 31, 1992. On December 24, 1992, Fiers was pardoned by President George H.W. Bush.
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