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(Studio) Chairperson Gulf Oil, Bob Dorsey, appears before Senate Foreign Relations subcommittee and admits company spent about $5 million in illegal foreign political contributions. Company also helped finance education campaign to explain Arab side of Midle East conflict to Americans
(DC) Dorsey's admissions of foreign contributions outlined; cntrys. include South Korea, Bolivia, Arab countries, Italy. [DORSEY - questions his judgement with regard to authorization of contributions.] [Senator Dick CLARK - asks if Gulf any worse or different than other international companies] [DORSEY -has no good reason to think Gulf any worse.] Dorsey urges Congress to make it illegal to dole out political contributions overseas.
(Studio) Securities and Exchange Commission charges Ashland Oil fails to account completely for more than $4 million passed out overseas.
|Program Time:||05:42:10 pm - 05:44:30 pm. Duration: 02:20|
|Reporters:||Chancellor, John; Scherer, Ray|
|Link to this page||http://tvnews.vanderbilt.edu/program.pl?ID=482713|
|Broadcast Type:||Evening News Segment Type: News Content|