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SEC keeps pushing slush fund probe amid international tensions
SEC continues its investigation into corporate slush funds used for illegal payments to foreign officials. Disclosures anger some foreign governments as United Brands admits $2 million in bribes to officials in Honduras and Italy. Gulf Oil faced pressure from Peru and Ecuador over bribes and nationalization threats. Gulf paid $5 million overall for investments and bribes to Italy and Lebanon. In Las Vegas, World Series of Poker narrows to three Texans: Sailor Roberts, Bob Hooks, and Dapper Crandall Addington, with Aubrey Day exiting.
MENTIONED IN THIS ARTICLE
Washington
UPI
Securities and Exchange Commission
Commission
SEC
United States
Cial
Costa Rica
United Brands Fruit Company
United Brands
Honduras
Italy
Abraham Bennaton Ramos
Oswaldo Lopez Arellano
Peru
Ecuador
Gulf Oil Holdings
Gulf
Ray Garrett Jr
Bob R. Dorsey
Senate Foreign Relations
Park Chung
Lebanon
Las Vegas
Nev
Brian
Sailor’’ Roberts
Bob Hooks
Dapper Crandall
Addington