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Word: corruptable (lookup in dictionary) (lookup stats)
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...Agent Benedict Tisa was in his third day of hammering cross-examination by Defense Attorney Howard Weitzman, and he was beginning to get rattled. Tisa had masqueraded as a corrupt banker in the Government scam that snared Auto Magnate John Zachary De Lorean, currently on trial in Los Angeles for conspiring to distribute $24 million worth of cocaine to save his failing sports-car company. Weitzman questioned Tisa about the log he kept of the four-month investigation that culminated in De Lorean's arrest in October 1982. Some of the entries in the 28-page handwritten document were...

Author: /time Magazine | Title: Crime and Punishment | 5/7/1984 | See Source »

...Bechtel Power, a subsidiary, funneled an estimated $72,000 in cash and duty-free golf clubs and appliances to key South Korean officials in order to help win four nuclear-power-plant contracts worth more than $400 million. If that is true, the payments violate the 1977 Foreign Corrupt Practices Act, which prohibits U.S. businessmen from making payments to foreign officials in order to win contracts. Moreover, the articles say that Defense Secretary Caspar Weinberger, Bechtel's general counsel at the time, and Secretary of State George Shultz, then Bechtel's vice chairman, were in a position...

Author: /time Magazine | Title: Korean Contact | 5/7/1984 | See Source »

Charboneau has made sure that Washington knows about the case. After being fired from Bechtel following a disagreement with Cho in November 1980, he suggested to IRS agents that Cho may have underreported his income and possibly violated the Foreign Corrupt Practices Act. IRS investigators subsequently found that in 1979 Cho had not reported at least $34,000 in consultant's fees and had $146,000 in insufficiently documented business expenses. Cho, through his attorney, has said that he can account for all his income and expenses and has denied that he made any improper gifts or payments...

Author: /time Magazine | Title: Korean Contact | 5/7/1984 | See Source »

...Bechtel case nonetheless puts the Reagan Administration in an awkward position. Since it took power, it has been trying to weaken the Foreign Corrupt Practices Act, which was passed in the wake of the scandal concerning Lockheed's alleged payments to top government officials around the world. The Administration has argued that the law, which states that a corporation is guilty if it has "reason to know" that its agents are making illegal payments, is too vague...

Author: /time Magazine | Title: Korean Contact | 5/7/1984 | See Source »

...struggles preceding independence, Toure allied himself with the movement for African nationalism. He was instrumental in abolishing Guinea's tribal chieftaincies, which he considered corrupt, and in establishing more than 4,000 elected village councils. When the nation's first election was held in 1958, he was swept into office. "revolutionary socialism" to industrialize the economy, and he turned to the Soviet Union for assistance. But Guinea remained beset by chronic underproduction, inflation and black-marketeering. In the mid-'70s, Toure made a bow toward the West...

Author: /time Magazine | Title: Guinea: Fierce Patriot | 4/9/1984 | See Source »

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