Word: itt
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Dates: during 1970-1979
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UTTERING THESE WORDS five years ago last Sunday, ITT board chairman Harold S. Geneen began his testimony before the Senate Subcommittee on Multinational Corporations during the last day of hearings on the multinational's activities in Chile in 1970-71. As the 29th and final witness to appear before the five-member subcommittee, Geneen's testimony epitomized the line of defense used by the cor-poration to fend off accusations of wrongdoing and illegal interference with the orderly electora' process of what was then the leading democracy in Latin America. According to the gospel of Geneen and the ten ITT...
...subcommittee's five senators in 1973 that the corporation behaved properly in Washington or in Santiago during the 1970 presidential elections in Chile. Yet because so little hard evidence turned up during those hearings, the subcommittee had to limit its harshest pronouncement, charging that "the highest officials of ITT sought to engage the CIA in a plan covertly to manipulate the outcome of the Chilean presidential election." Since the Senate subcommittee issued its report on ITT in June 1973, a steadily accumulating mass of evidence has reduced most of the ITT officials' testimony to a well-orchestrated collection of half...
...DAMNING IMPLICATIONS of this ITT-CIA conspiracy and other "dirty tricks" of the multinational have claimed some casualties in the intervening years. First came two plea-bargains, one of which featured all the niceties of a slap on the wrist. In November 1976, a former ITT public relations director for Latin America named Harold V. Hendrix pleaded guilty to a one-count charge of failing to testify fully and accurately to the Senate multinationals subcommittee during the ITT hearings. In return for dropping possible perjury charges against Hendrix, the Justice Department required Hendrix to cooperate fully with its fledgling ITT...
...Justice Department last month concluded its two-year criminal probe of the multinational, filing criminal informations against two high-level ITT executives. On March 20, the government charged senior vice president Edward J. Gerrity and regional public relations manager Robert Berrellez each with six felony counts of perjury, obstruction of government proceedings and making false statements in a government matter. The Justice Department stated that the felony charges stemmed from their false testimony to the Senate subcommittee in 1973. The criminal informations were filed only hours before the five-year statute of limitations on perjury would have lapsed...
...real significance of the ITT case boils down to the old and increasingly familiar story of the one that got away. Today, Harold Geneen can go about the business of overseeing the globe-spanning empire of ITT that he so carefully built during the last 19 years without a single official cloud of suspicion hovering over him. Bell and the federal attorneys in charge of the ITT probe tersely informed the Washington press corps that Monday afternoon that no criminal charges would be lodged against the board chairman. Despite the many similarities between the testimony of Geneen and his accused...