Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.
(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
Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.
Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:
- You may request a loan of this video by registering on our website and placing an order.
- You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
- If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.
If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.