(UNTITLED)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP91-00901R000500070023-4
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 3
• Document Creation Date: December 9, 2016
• Document Release Date: November 14, 2000
• Sequence Number: 23
• Publication Date: August 31, 1982
• Content Type: PREL

STATINTL
Approved For Release 2001/03/07 : CIA-RDP91-00901 R000
UNITED PRESS ITNT 3:1ArI^N M
31 AUGUST 1982
NASHVILLE, Tenn.'
The widow of Australian banker Frank Nugan, whose suicide rocked the
international intelligence and finance communities, has denied bringing $1
million Into the United States shortly before he died.
Lee Sofge Nugan, 38, now living in Nashville, said a series of stories in the
Wall Street Journal saying she left her husband and brought $1 million in'
travelers checks to Nashville is false.
The Wall Street Journal, in a series of stories, reported that Nugan's
company, Nugan Hand Ltd., has several former high-ranking CIA officials and
military officers among its executives and consultants. The newspaper said many
investors lost millions of dollars in the firm.
Since Nugan's death In January, 1980, Australian and American investigators
have linked the company to covert international arms deals and drug trafficking,
the Journal said.
Mrs. Nugan said she is convinced her husband's death by gunshot wound was a
suicide brought on by the impending failure of his business.
"I believe that everything was falling in on him,'' she said. ''He had such
worries he could not tolerate them."
She also dismissed as unimportant her husband's relationship with men
including former CIA director William Colby and retired generals and admirals.
"They were fine retired men who wanted to work with young aggressive men
like my husband," she said. "I don't feel this had anything to do with the
CIA. "
'XCERPTE?D.
Approved For Release 2001/03/07 : CIA-RDP91-00901 R000500070023-4
 STATINTL
Approved For Release ROO
AJ A~,1~ ~01
7A
21 August 1982
isru ion of Col-by
speech deplored
I am critical of but I deplore
the acts of that bun ill-informed,
psuedo-intellectuals putting up mean-
ingless demonstrations to obstruct
the basic principles of a democratic
system, including freedom of speech.
Whatever William Colby might
have been, he is a man of precious in-
formation which he could share by in-
teracting with the, American public.
We have to listen to these people of
our intelligence agencies very care-
fully. If we do not we might never
know many a hidden part of our con-
temporary history of events.
One must not impose on rest of the
audience the wishes or the will of a
bunch of hecklers. It would cost other
interested intellectuals deprivation of
the opportunities of interacting with
people of Colby,s kind.
I hope in the future these demon-
strators let the rest of us hear what
these men of secrecies and invisible
government have to say. The rest is
up to us Americans to decide. - Dr.
Syed Ameen (Ph.D.), Madison
Approved For Release 2001/03/07 : CIA-RDP91-00901 R000500070023-4
 Approved For Release 200U3 AY Q I &R
2~0Q Q1 R
12 August 1982
t Feat ~
Hecklers, or b cut exC@A c6~*ef's talk
By Robert Freimuth
Of The State Journal
A bomb threat cut short a speech
by former CIA director William
Colby Wednesday night as he ad-
dressed about 1,500 bankers at the
University of Wisconsin Memorial
Union.
The bomb threat was the last of a
series of disruptions of Colby's ap-
pearance before the bankers, who
have gathered in Madison from
across the country to attend graduate
classes in banking.
Two people were arrested in dis-
turbances made before the speech
began and while it was in progress.
About 8 p.m. - 20 minutes into Col-
by's speech - someone called thesible that intelligence be related to
concession stand in the Memorial lawUnion. Mistakes continue to be made,
Bomb in the Union
Colby said, but now there is a system
of accountability within the American
intelligence network
"It's been brought under the eon-
Debra Dietrich, a UWMadison stitutional systemhe said, noting
workig at the stand an-
swered the phone and said the caller
told her, "Listen carefully; there's a
bomb planted in the Union Theater
where Colby's speaking." The caller
immediately hung up.
Ms. Dietrich, who said the caller
was a man, notified U W police.
After a 20-minute search by police
turned up nothing, the union was
reopened.
Just as Colby was telling the bnk.
Process of sobering
into the union.
"We are in the process of sobering Bennett A. Masel, 27, of 722 Spruce
up after a great national binge," he Stwas arrested for disorderly con-
said of the nation's attitude toward duct. Marc J. Rosenthal, 27, of 117
the CIA and intelligence gathering. Drake St, was arrested for a UniverHe hat during the 1970s, people sity of Wisconsin code violation,
attacked many CIA activities and which university police said.is similar
questioned the need for a spy agency.- to disorderly conduct.
"There was a sensational bit of When Colby was introduced inside
hysteria in the 1970s," he said. "We the theater, two men who had slipped
Americans tend to get excited about past university security forces check-
things," referring to congressional in- ing people for weapons crawled out
quiries into CIA activities. "We (the from behind the stage curtain,
CIA) frightened a lot of people." pointed at the speaker and shouted,
He said there was a move to bring Murderer! Murderer!" the CIA under American law - "a Both were quickly ushered out,
very novel idea in the world of intelli- and Colby, a bit startled, joked about
gence. Many concluded it was impos- the incident.
there are two congressional commit-
tees that oversee CIA operations.
With nuclear proliferation, accu-
rate military intelligence is more important now than ever before, Colby
said.
"Thanks to technology, great
power is becomin
g m
During Colby's speech, shouts
from marchers outside filtered into
the theater.
After the bomb scare, Colby
seemed willing to talk to reporters,
but authorities intervened. He immediately left for Washington, D.C.,
where he is an attorney.
Afterward, bankers, standing
around outside the union, discussed
the bomb threat and demonstrators,
not what Colby said
A number of bankers exchanged
heated words with about a half dozen
protesters.
very Several people got into a hoing
mall packages. This is the world we match when one banker, who identido face, and this is the one we have.to fied himself only as being from New
SOW' Y
k
t
i
or
r
ed to tear up a poster of one
"We've ,
got to to be erious of the marchers
was necessary to identify the real added. "We have to watch for a poten- "Get a job!" another, banker
threats of the world, he was given a tal military challenge." jeered at a marcher, who responded, scribbled note at the lectern. The evening started the same way " I've got two jobs."
"Do you want me to read this?" it ended - mired in disruption. A "Cut your hair, then," the banker Colby calmly asked, and then turned group of about 15 sign-carrying pick- retorted.
to the microphone to announce that eters walked outside the union more After about 20 minutes, the march-
the building had to be cleared. than 30 minutes before Colby was ers left and the bankers began to dis-
Before the bomb scare, and be- scheduled to speak. perse.
tween the other disruptions, Colby, One marcher described the group
head of the CIA from 1973 to 1976, did
get a chance to speak as just a loose-knit bunch," and said
Emphasizing that the nature of speywanted an equal opportunity to
American intelligence-gathering is s'
changing, Colby said the country is Marchers and bankers traded in-
moving back to recognizing the need sults as the bankers made their way
for military intelligence.
that secret militaitelligence ; the kind of dangers m the world," he
STATINTL
Appr
oved For Release 2001/03/07 : CIA-RDP91-00901 R000500070023-4