Word: northrop
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Dates: during 1970-1979
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According to the Ernst & Ernst report, Northrop since 1971 may have spent as much as $30 million overseas for which it did not properly account. Ernst & Ernst described 17 arrangements as questionable enough to warrant study. Some seem legitimate, but others are open to grave objections. They range from the petty-$4,400 to an Iranian tax assessor to settle "a minor tax matter"-to the serious. Some examples...
...Northrop passed to Adnan Khashoggi, a wealthy Saudi Arabian entrepreneur, $450,000 designated for two Saudi Arabian generals, Hashim Hashim and Asad Zuhair, who served at different times as chief of the nation's air force. Khashoggi denies the generals were bribed to buy Northrop planes. Nonetheless, Northrop did not defend the payment. Millar apologized last week to the Saudi government "for any embarrassment caused by this matter...
...Stehlin on its payroll as a consultant, at yearly fees ranging from $5,000 to $7,500, since 1964. Stehlin was once chief of staff of the French air force, and in 1973 became a vice president of the French National Assembly. Last fall, while quietly getting money from Northrop, he touted American fighter planes, including Northrop's F17, as superior to French aircraft...
...Northrop paid $705,000 to Iranian Prince Charam Pahlavinia, a member of the imperial family, for services such as helping the company find a good Iranian architect. At the time, Northrop was part of a consortium that received a $200 million contract to build a telecommunications system in Iran. Northrop maintains that the payment was a legitimate business expense...
...Northrop, after some haggling, paid $500,000 to a company believed to be controlled by Saudi Prince Khalid bin Abdullah, a registered commercial agent for several companies, for advancing Northrop sales...