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Northrop paid Swiss firm for peddling pacts
A confidential Northrop accounting report says the company paid more than 1.8 million in commissions to a Swiss group, the Economic and Development Corp, to promote overseas aircraft sales. EDC allegedly used influential figures abroad and operated with marks of a separate sales network, earning a share of commissions in Brazil, Taiwan, Saudi Arabia, Malaysia, and Iran.
MENTIONED IN THIS ARTICLE
New York
Northrop Corp
Northrop
the Economic and Development Corp
Securities and Exchange Commission
Senate
Frank J. DeFrancis
EDC
Iran
DeFrancis
Washington
Brazil
Taiwan
Saudi Arabia
Malaysia
Ernst & Ernst At
North
Top
New York Times
Ernst & Ernst
Middle East
Andreas Froriep
Zurich
Froriep