Oliver North, known for arms sale scandal, to be next president of NRA

Oliver North, a key figure in the Iran-Contra arms sale scandal under US president Ronald Reagan, is set to become the next president of the National Rifle Association gun lobby. North was convicted on three charges in connection with the Iran-Contra scheme, under which money from arms sales to Tehran was funneled to rebels in Nicaragua, but the convictions were later overturned. The NRA said that its board had approved North's candidacy on Monday and that he would take over as president in the next few weeks, after current president Pete Brownell chose not to seek a second term.

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