ADFA aka Clinton's Political Machine until 1989 never banked in Arkansas, Larry Nichols (Former Director of Marketing for the Arkansas Development Finance Authority), reveals. He followed the money trails through banks in Florida, Atlanta, and Chicago then to BCCI. Dan Lasater would get bonds and transfer the money back to ADFA, "He never sold a bond." The money would be given back to Lasater less handling fees. Dan Lasater was best friend of Bill Clinton, went to jail with Roger Clinton for cocaine.

Lasater received a pardon

Doc Delaughter (Former Arkansas Police Investigator in charge of Dan Lasater case) was interviewed in The Clinton Chronicals -- had numerous witnesses for the Federal Grand Jury. Mr. Lasater became quite flamboyant with his cocaine use and that ultimately led to his arrest and conviction. He used cocaine to influence people, in business deals and as a tool for sexual favors.

"After Lasater was indicted, I started to receive quite a bit of harassment from my own department, the Arkansas State Police, and I knew the reason behind it, because the affiliation with the State Police and the Governor's office, with Dan Lasater and his business associates"

Larry Nichols states in the interview, every loan process through ADFA Bill Clinton himself had to sign off on it. The system was laundering millions of cocaine dollars.

Next article will look at where ADFA money went