Word: colombia
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...Colombia, the government is investigating references in Lockheed records that indicate that at least two air force generals falsified the country's defense needs in return for Lockheed commissions that the Church subcommittee calculated to total $200,000. The references are contained in a letter written in 1968 by a Lockheed agent in Bogotá to Lockheed's Georgia office when Colombia was ready to buy a third Lockheed Hercules transport for about $2 million. The agent assured his superiors that even though the Colombian military budget was being cut, the air force officers could "justify the true necessity for more...
Payoffs in about the 5% range appear to be standard in many countries. Edwin Schwartz, a Lockheed agent in Colombia, once wrote matter-of-factly to the U.S. company that "4% or 5% is usually needed to consummate transactions in the price range of Lockheed products. A number of people involved not only in making decisions to buy but also in the financing approvals, import licenses, contract negotiations, etc., etc., expect part...
Herrera was prepared to stay if needed, but he is now in Colombia. "He said the situation was well in hand," Coolidge added...
Vicente Uribe Cali, Colombia...
...either as a menace or an inspiration; Luis Echeverria of Mexico, presiding over a dynamic entrepreneurial economy while talking a medium-left, aggressively Third World line; and one South American, the impressive Carlos Andres Perez of Venezuela. Perez heads one of the only two working democracies in South America (Colombia is the other), and he has oil, 2.4 million bbl. a day. He is not self-righteous about his country's democracy (he is too well aware of Venezuela's turbulent history), and he is too smart to seem to reach for any continental "leadership" role...