Exclusive: CIA’s Top Spy Steps Down

The purge roles on:

 

The secretive head of the agency’s National Clandestine Service is retiring amid reports of infighting over a reorganization of the intelligence service.

As a practice, the CIA doesn’t identify the head of the clandestine service by name. But Frank Archibald was outed in a Twitter post in 2013, and details of his biography were known to some journalists. Archibald, who was 57 when he took the job that year, reportedly served tours in Pakistan and Africa and also headed the CIA’s Latin America division. The Associated Press reported that Archibald “once ran the covert action that helped remove Serbian President Slobodan Milosevic from power.”

Archibald’s retirement comes at a transitional moment for the CIA. The agency’s director, John Brennan, is considering major changes to the agency’s structure, including the possible creation of new intelligence centers and doing away with the traditional division of CIA into its analysis group and the clandestine service. Continue reading

US official: ‘Islamic State’ a petrostate

The “Islamic State” has amassed wealth at an unprecedented pace, according to a US Treasury official. IS earns about $1 million a day from black market oil sales alone.

David Cohen, US treasury undersecretary for terrorism and financial intelligence, said the “Islamic State” (IS) pulls in 790,000 euros daily, selling up to 50,000 barrels produced in captured refineries.

Speaking to the Carnegie Endowment for International Peace in Washington, DC, Thursday, Cohen said the group took in at least $20 million in ransom payments this year from kidnappings. He said IS gets several million dollars a month from wealthy donors, extortion rackets and other criminal activities, such as robbing banks. Continue reading

Pentagon Contractors Exploring Business with Iran

Multiple companies currently exploring new business ventures in Iran are also cashing in on highly lucrative contracts with the U.S. Defense Department, raising questions about whether their dealings with Iran could run afoul of U.S. law.

At least 13 major international companies have said in recent weeks that they aim to reenter the Iranian marketplace over the next several months. The companies have received Pentagon contracts totaling well over $107 billion, according to a Washington Free Beacon analysis that tracked DoD contracts awarded since fiscal year 2009. Continue reading