Word: frietsche
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...accused ISC of getting some $750 million in orders over the past decade by making more than $23 million in "questionable and illicit" payments, and having "outstanding commitments" of $10 million for similar payments. Named as defendants were the company, deposed Chairman J. Thomas Kenneally, Senior Vice President Herman Frietsch, former General Counsel Raymond Hofker, former Treasurer Albert Angulo and Chief Engineer Harlan Stein. The SEC asked the court immediately to appoint an agent to take over the company's records and oversee its activities. Reason...
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