Word: accountants
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Dates: during 1980-1989
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...contras, a campaign that included his staging slide shows for would-be donors. Other officials cadged money from foreign millionaires like the Sultan of Brunei (with characteristic adroitness, the fund raisers temporarily lost the Sultan's $10 million donation, which turned up in the wrong Swiss bank account...
...military has tried to boost morale as well as spending power. Since the last low-dollar period, in 1979-80, the Army has improved the way it computes cost of living allowances. They are now adjusted monthly and take more prices into account. The Army provides financial advice and such services as family- emergency funds and low-interest credit. Despite the decreased value of the dollar, say Pentagon spokesmen, there has been an increase in requests for extensions of West German tours of duty. But some observers worry about whether that trend will continue in the face of new pfennig...
...digital features sell for $700 to $1,400, up to $1,000 more than conventional models. Digital TVs run from $1,500 to $3,000, in contrast to $1,800 for a top-of-the-line nondigital set. Given these prices, sales have been understandably sluggish. Digital VCRs will account for less than 3% of the 15 million videocassette recorders sold this year, and the high-tech TVs are not expected to fare much better. Observes David Lachenbruch, editorial director of TV Digest: "Consumers are not prepared to pay twice as much for one set with two pictures. They would...
...Defense Minister Ortega, brother of Nicaraguan President Daniel Ortega, has close to $1.5 million in diverted Defense Ministry funds in a Swiss bank account...
Some of Miranda's information was painstakingly detailed. Charging corruption within the Sandinista directorate, he claimed that Humberto Ortega, under other names, maintains a bank account, No. 58946, in a Swiss branch of the National Bank of Paris. As of last October, Miranda claimed, the account totaled $1,495,596, all of it diverted between 1981 and 1986 from Defense Ministry coffers...