Arms Embargo
Although the 1977 United Nations mandatory arms embargo prohibited the export of arms to South Africa, Bull's SRC supplied the apartheid regime with gun barrels and 30,000 shells, worth more than $30 million. The CIA were said to have encouraged the deal and the shipment on the MV Tugelaland was with the co-operation of Israeli Military Industries. U.S. Customs initially considered prosecuting as many as 15 people involved but decided to indict just Bull and his partner, Rogers Gregory. Bull pleaded guilty, expecting a fine, but was angered when during 1980 he was imprisoned for four months. The effect of his guilty plea meant that the court did not hear any evidence of the suspected U.S. government collusion concerning these arms exports to South Africa. As a result of the arms embargo violation, however, SRC was liquidated.
The company was subsequently re-incorporated in Brussels where Bull managed it for several years. He was murdered during 1990, it is commonly conjectured by MOSSAD.
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