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The Nation

September 04, 1987

The Energy Department paid $70 million to creditors of an alcohol fuels plant in Louisiana owned by one of the bankrupt companies of Saudi arms dealer Adnan Khashoggi, the Washington Post reported. The payment, made two weeks ago without public comment to creditors of the Agrifuels Refining Co., comes from the Alcohol Fuels Loan Guarantee Reserve Fund, the Post reported. The fund was set up in 1980 by Congress when it created the alcohol fuels program.

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