Editing Dale Holmgren (section)

===Holmgren’s Strategic Role===
As Taiwan representative, Holmgren operated in a region critical to U.S. intelligence interests, where CAT had been based. His role likely involved leveraging his regional expertise to facilitate financial transactions, though whether he was fully aware of the bank’s illicit scope remains unclear.

Critics argue that Holmgren and other intelligence veterans may have been hired for their expertise, unaware of Nugan Hand’s full criminal extent. However, the bank’s pattern of operations, its drug and arms connections, and the lack of accountability for figures like Holmgren suggest either complicity or willful ignorance. The collapse of Nugan Hand in 1980, with a $50 million shortfall and widespread banking violations, exposed its criminality, but Holmgren and other U.S. associates faced no legal repercussions, raising questions about potential CIA protection.