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Lockheed / Ford / Simon / Scandal / Bernhard / Loan #486986

NBC Evening News for Tuesday, Feb 10, 1976
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(Studio) Ford condemns practice of American companies paying bribes overseas. Treasury Secretary William Simon urges IRS (Internal Revenue Service) to step up its investigation of such bribes. Scandal with regard to payments by Lockheed Aircraft Corporation grows in Italy, Mexico, Sweden and Netherland Charged that Prince Bernhard, queen's husband, accepted $1 million from Lockheed
REPORTER: John Chancellor

(Soestdijk, Holland) Royal palace shown. Royal family, of House of Orange, 1 of wealthiest royal families. Queen and prince financial status noted. Many feel Bernhard didn't take bribe because he didn't need it. Bernhard is insp. general of armed forces. IS years ago, Lockheed trying to sell F-104 Tristars to Holland and West Germany. Bernhard could have influenced Dutch government and he directed company that manufactured planes. Bernhard denies he accepted bribe. Parliament shown. If proof of bribe-taking found, queen would probably abdicate. [Opposition leader Dr. Roelof KRUISINGA - says cannot deal any longer with Lockheed. Will tell NATO not to do so either.] Investigation probably to be inconclusive.
REPORTER: Garrick Utley

(Studio) Congress testimony that Bernhard received bribe heard from ex-Lockheed sales agent, Ernest Hauser, who is now an aircraft parts dealer.
REPORTER: John Chancellor

(London, England) [HAUSER - says Lockheed didn't directly pay Dutch royal family. Not traceable on Lockheed's books. Bernhard had recd. other payments; he wouldn't have benefitted if deal had not gone through. Lockheed and prince wanted payments kept secret.]
REPORTER: British Reporter

(Studio) Allegations not substantiated in public. When Lockheed in financial trouble few years ago, federal government guaranteed 1/4 billion dollars in loans. General Accounting Office says Lockheed may not be able to pay off loans; Lockheed says it will.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Utley, Garrick
Duration:
00:05:30

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