1975 Honduran coup d'état
Encyclopedia
The 1975 Honduran coup d'état took place on 22 April 1975, with Oswaldo López Arellano
being ousted in a military coup led by his fellow General Juan Alberto Melgar Castro
. The coup was prompted in part by the "Bananagate" scandal, exposed by the U.S. Securities and Exchange Commission in 1975, in which the United Brands Company agreed to bribe President López with US$1.25 million, and the promise of another $1.25 million upon the reduction of certain banana export taxes.
Oswaldo López Arellano
Oswaldo Enrique López Arellano was a two-time President of Honduras, first from 1963 to 1971 and again from 1972 to 1975. He gained power both times via military force....
being ousted in a military coup led by his fellow General Juan Alberto Melgar Castro
Juan Alberto Melgar Castro
Juan Alberto Melgar Castro was a general of the Honduran military who served as the head of state of Honduras from April 22, 1975 to August 7, 1979, when he was removed from power by others in the military....
. The coup was prompted in part by the "Bananagate" scandal, exposed by the U.S. Securities and Exchange Commission in 1975, in which the United Brands Company agreed to bribe President López with US$1.25 million, and the promise of another $1.25 million upon the reduction of certain banana export taxes.