Word: kotchian
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
When Chairman Daniel Haughton and President A. Carl Kotchian were forced to resign last year at the height of the payments scandal, Lockheed seemed likely to stall like a disabled jet. That it did not is due largely to Robert Haack, former president of the New York Stock...
...financial posts to vice chairman and chief financial officer. In that job, he was aware of some jiggery-pokery in Lockheed's foreign sales. But the board's special review committee found that he was "to a certain extent the victim of a plan by Haughton and Kotchian to keep him uninformed...
...Lockheed cash. Now the 20-member board of inquiry faces ticklish legal and political problems. Under Italy's bribery statutes, prosecution of graft-takers is nearly impossible unless those who supplied the cash are also charged. Last week the board considered indicting former Lockheed President A. Carl Kotchian and at least half a dozen other Americans, but decided to postpone such action pending testimony by Rumor and his Italian associates...
According to Kotchian's sworn testimony before the Multinational Subcommittee, Lockheed also dispatched $2 million through other channels to Japanese government officials in order to ensure that the "right" decisions were made. In effect, Lockheed, in pursuing its commercial interests, had become a nefarious political actor in Japan. It had secretly retained Kodoma as its sales agent, a leader of that political faction in Japan which the United States government had regarded, since the close of World War II, as inimical to our national interests. And, in making pay-offs to various politicians in the Japanese government, the company contributed...
...subcommittee proceeded with public hearings on February 4 and 6; Mr. Kotchian testified to payments by Lockheed to Kodama and Japanese government officials, as well as payments intended for high government officials in the Netherlands and Italy. In line with its policy, the subcommittee did not make public the names of the intended recipients. But, on the request of Japan and the other governments involved, the evidence in the subcommittee's possession was transferred to the State Department which used as its agent in negotiating with the foreign governments the Department of Justice...