Gulf Oil Chief Describes Secret Payments Abroad
Gulf Oil Chairman Bob R. Dorsey testified before a Senate panel that multinational firms pay bribes to foreign officials to protect vast investments. He cited about 5 million dollars paid in Bolivia, Italy, Lebanon, and South Korea and warned of political instability driving such actions while acknowledging he had funded such payments himself.
MENTIONED IN THIS ARTICLE
Leonard Curry
UPI
Washington
US S
Gulf Oil
Bob R. Dorsey
Dorsey
U.S
Gulf
Bolivia
Italy
Lebanon
South Korea
Senate Foreign Relations Subcommittee
Northrop Aerospace Company
United Brands Fruit Company
Ashland Oil
Phillips Petroleum
Rene Barrientos
Park Chung He
Frank Church
D-Idaho
Charles Percy
R-Ill
State Department
Church
University of Texas
Kansas utility seeks emergency rate rise for gas customers
Kansas Power & Light asks the Kansas Corporation Commission for a 4.7 percent emergency rate increase of about 1.8 million dollars to natural gas customers. A public hearing is set for July 10 to prove an emergency exists. rates would apply to all customer classes if approved.
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Kansas Power & Light
Kansas
Saffels
KPL
Corporation Commission
Intelsat 4 satellite launch completes global link
A new Intelsat 4 satellite worth 14 million dollars will join Comsat and 88 nations to form a 64-country global network. The craft replaces a lost satellite after a February Atlas Centaur failure and will sit above the Indian Ocean to relay messages across about a third of the globe.
MENTIONED IN THIS ARTICLE
Washington
Indian Ocean
Globe
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