Northrop Pays 1.8 Million in Overseas Promotion
Northrop Corp has paid or committed over 1.8 million dollars in commissions to a Swiss based group named the Economic and Development Corp. formed to promote overseas aircraft sales on a no questions asked basis. The confidential report by Northrops accounting firm details how the Swiss organization employs influential individuals abroad.
MENTIONED IN THIS ARTICLE
New York Times
Northrop Corp
Northrop
The
Economic and Development Corp
Northrop Accused of Bribes and Illegal Political Fund
Northrop faced new disclosures of payments possibly aiding foreign officials. The firm admitted a $1.14 million slush fund for domestic political contributions, settled a SEC suit last April over a secret political fund, and disclosed $450,000 in bribes in 1972 and 1973 to Saudi Arabian generals. An Ernst & Ernst audit for Northrop fueled a six month board committee inquiry.
MENTIONED IN THIS ARTICLE
Northrop
Securities and Exchange Commission
New York Times
Ernst & Ernst
Board of
Senate cites questionable Northrop payments abroad
A Senate subcommittee released audit material alleging Northrop Corp made questionable overseas payments to European parliament members as part of arms sales. The firm acknowledged a $450000 intermediary payment tied to Saudi General bribes regarding F5E jets, while noting officials will testify before the panel.
MENTIONED IN THIS ARTICLE
Washington
Senate
Northrop Corp
Khashoggi
Northrop
U.S
Gulf Oil Corp
Republicans Split Over Ford Acknowledgment for 1976 Bid
A resolution backing President Ford for the 1976 election meets mixed reactions among GOP senators. Sixteen of 38 have signed, others hesitate or have not been asked. Minority Whip Griffin cites state concerns and retention of discretion, while Senator Stevens notes it was his idea. The move isn’t a counter to the conservatives’ call for an open convention.
MENTIONED IN THIS ARTICLE
Washington
Ford
GOP
Senate
Robert P. Griffin
Michigan
Sen
Ted Stevens
Alaska
Griffin
West to East Tour Aims to Help Amax Miners Unite
UMW President Arnold Miller announced that Belle Ayr mine strikers in Gillette Wyoming will tour Southern Illinois starting Sunday to meet Illinois Amax miners. The visit aims to share firsthand views on company treatment and protect contract protections while avoiding work stoppages. The tour will visit four Amax mines in Illinois.
MENTIONED IN THIS ARTICLE
UMW
Amax Coal Co
Belle Ayr
Gillette
Wyo
Illinois
UMW Amax
Arnold Miller
Miller
Marion
Amax
Paulton
Leahy
Percy
Wabash
Mt. Carmel
Sun Spot
Vermont
Amex Coal
United Mine Workers
Peter McBride
Indianapolis
Western Miners
Illinois Umw District 12
Kenneth Dawes
Illinois House
Also Mentioned on This Page
Saudi Arabia
Middle East
Adnan M. Khashoggi
Northrup
Charam Pahlavi
Iran
Indonesia
Murphysboro Iron & Metal
Gartside
Southern Illinois
Wildcat
Consolidation Coal Co
Western
Delta
Guire
Orchard & Market
Carbondale
Pyramid Lumber CO
Marion St
Carbondale, Ill
National Casualty Company
Accident and Dread
National Casualty Co
Sweet & No
RFD
Southern Illinoisan
Herrin
Film Charge
Amer
Calvert Dist. CO
Louisville, KY
Calvert the
Calvert
Southern
Premi
Detzit
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