Word: kickbacker
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...which last year accounted for 2.9 million sets, or 38% of the domestic market. In May, the Carter Administration worked out a deal with Japanese makers to limit imports. But now the picture is darkening again; U.S. Government investigators are probing charges that Japanese manufacturers have been making illegal kickbacks to U.S. importers as a way of getting around federal "antidumping" regulations, and selling color TV sets in the U.S. at bargain-basement prices. Government sources told TIME that one executive of a U.S. importing company has admitted that his firm has received millions of dollars in such kickbacks. John...
Zenith Chairman Nevin claims that the practice has been going on for years and that several big Japanese makers are involved. As to the number of U.S. kickback recipients, Nevin says: "I don't believe any large American buyer did not have the opportunity to get involved." A senior official at the U.S. embassy in Tokyo told TIME last week that 86 U.S. importers-presumably distributors and retailers, including some well-known chain stores-are under investigation. Worried embassy officials concede that they are convinced a major scandal is about to break...
...this point, two separate investigations are under way. One is by the U.S. Customs Service, the Treasury and the Department of Justice. They are looking into allegations of false invoicing by Japanese makers to avoid paying dumping duties. This is the probe that has turned up the kickback charges. The second investigation is by the U.S. International Trade Commission. Its lawyers are checking the possibility of unfair trade practices by the Japanese (a noncriminal charge), and they have talked to officials of Hitachi, Sanyo, Sharp, Toshiba and Mitsubishi...
...arrival in Israel was extraordinarily inconvenient for his hosts; they were almost totally distracted by domestic political turmoil. The Labor Party of Premier Rabin was reeling from the latest in a series of scandals; Asher Yadlin, a former high-ranking Labor Party member, had just pleaded guilty to kickback charges and allowed that the money he received had gone into the party's coffers. Rabin was uncertain of his tenure in office. Not only is he facing a strong challenge from opposition parties in the national elections scheduled for May 17, but he may not even be Labor...
...Kickback Charges. Riegle effectively projected the image of a tough, young, shirt-sleeved contender with no great love for Washington. He also outspent Austin, a black, by an estimated $350,000 to $200,000, in a contest where voters split along racial lines. Austin's campaign was seriously hurt by charges that he had taken kickbacks from the state's private license-plate vendors. When it was revealed that they had installed $10,000 worth of air-conditioning in his house as a "gift," his reply was that he did not know it was being done. Riegle will...