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Lockheed Kickbacks / Senate #42017

ABC Evening News for Wednesday, Feb 04, 1976
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(Studio) Senate committee told Lockheed spent millions overseas on bribes and kickbacks.
REPORTER: Harry Reasoner

(DC) In past 5 years, Lockheed paid $200 million in commissions and consultative fees to foreigners who influenced sales of Lockheed aircraft. Senate subcommittee on multintl. corps. estimates $22 million wound up with third parties as bribes and kickbacks in Japan, Germany, Turkey and Italy. [Senator Frank CHURCH - says no question that millions paid to that man (Japanese right wing nilitarist).] [Auditor, Arthur Young and Company, William FINLEY - agrees with Church.] Yoshio Kodama received $7 million. Japanese agent, Hiroshi Itoh, signed receipt saying he received 100 peanuts which is 100 million yen. Committee stumbled onto kickbacks when delivery man brought secret papers to Capitol Hill by mistake.
REPORTER: Frank Tomlinson

Reasoner, Harry;
Tomlinson, Frank

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