NEW CHIEF OF CIA CRACKS DOWN ON UNVOUCHERED$$

Document Type: 
Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP75-00001R000200320027-2
Release Decision: 
RIPPUB
Original Classification: 
K
Document Page Count: 
1
Document Creation Date: 
November 11, 2016
Document Release Date: 
October 14, 1998
Sequence Number: 
27
Case Number: 
Publication Date: 
November 29, 1961
Content Type: 
NSPR
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PDF icon CIA-RDP75-00001R000200320027-2.pdf88.79 KB
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Approved- For Release 1999/09/07 : OA-I DP7v.-b00O1 N3W Chic' o'F . CIA it racks Dotkn on Unvouchered S C RGHT . ' ' ? FOIA63b By ROBERT L. ALLEN laid PAUL SCOTT WMPEDIOWN ;she r am h4@4 at f1be Central Intelllgencq Agency, is to IIRhteb pi ng Another lime Bomb l3gl~ttaed' -the reins on the way his super-secret agency upends its money. >toae also is 1~httey met thM ttM arfgl. He is asking Cord Meyer Jr. who'wew up to t2k (M& Bayslde. L I. and who handles the CIA's, untvoueh- *a a stirvey eg sA> 's, erect f gals --- to mike a full report on the 6" atil -00"w divie~on, tr~iiic2l is headed b!' hrear~#n lion that he doled out during the past 12 Mon for covert operations and Intelligence gitaaiia= &c- parts The to da new CIA m Rector accuracy Is -lookft and t over t~beM ha, i ti.lues. F ' that thus 'riatsoalal lnts!ltii~raee estimates have en' Returning from a first-hand aurveyot the a -i U. s. foreign policy -- especWaX. U. 8.-SoVift ie~>i cy'a foreign operations earlier this monint Ums ! decided on this move after discovering that the CIA' ' Aire O. the unexpected ttiove by McOme bit; had financed dozens louch" off a serer of secret buOles betwem =A crotheups, world. and other w uns of questionable quest o nablt nables officials and members of the State Department ent peliel- planning staff. Theue officials. who work together inI UOn Many Questionable Activities drafting ppapers,. Vt. concerned that they will For instance, mccont was shocked to learn In, lose control over the "estimates" on which their pot-t based U McCbne decides to shape-up tbei Europe that the CIA promoted or financedeuar1r Icy is being try malor international socialist conference bale on " 40014 happen the continent during the put 10 years. If . on stage s toward ohal U. S. polickttf e a new Gires!Tzaun ermine whether] ?. for si comptete'i imp" at these conferences were arralnped as intelligence; SgovWL-Chin - rnrwtr&t bloc and why these go - efts have YI1I l to sWrn the . tide of Interaatia Sal; dicates. McCone is also looking Into the advisability of another questionable CIA activity. This Is the unpub- lisbed practice of giving large fees to U. S. law firms and fouudaUons for making Intelligence studies and furnishing the agency operational "advice". none of, which has been of visible help In Improving the CIA.1 In one case. a New York law firm Was paid more than I a million dollars In "consultant fees" with no evi- dence of positive results. Meyer. who handles these unvouchered funds, Is, name has never been listed In a government di'1?ee-I tory sires be joined the agency early in the 'SOs. Only a handful of persons know of Meer or his position and none of these will discuss IV Before joining the CIA, Meyer was nj.Uoaal pros- vocate of world government. His father was a State Department official and his uncle was president of the Cord Meyer Development Co. in Forest Hills. L I. He is a friend of William Bundy. deputy to Assts- tant Defense Secretary Paul $leae. Meyer, Bandy, and Nitze have worked as a team In shaping and sup-i porting the pbilcy of supplying U. S. military and, economic aid to Yugoslavias Communist r dictator Tito. Approved For Release 1999/09/07 : CIA-RDP75-00001 R000200320027-2