Word: northrops
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...Italian affiliate had spent from $46 million to $49 million to gain such political favors as favorable treatment of refinery licenses, levies on gasoline and heating oil, and other tax legislation. That sum far exceeds the political payments revealed by other U.S. corporations such as Gulf, Northrop* and Mobil (which last week admitted making political contributions of $2 million in Italy between...
...June 6. A member of the National Assembly, Stehlin last year caused a sensation by insisting that the U.S. F-16 and F17 aircraft were superior to their French competitor, the Mirage Fl. His accident occurred only hours after it was revealed that he was on the payroll of Northrop Corp., maker...
Whatever comes of the Northrop revelations, the story is not likely to stop there. Ever since the Watergate prosecutors began investigating illegal contributions by more than a dozen U.S. companies (including Northrop) to Richard Nixon's 1972 re-election campaign and found clues that some of the same companies had also made suspiciously large, undisclosed payments overseas, a probe of multinationals' operations has been widening. The SEC has already accused Phillips Petroleum, Ashland Oil and General Refractories of making overseas payments not properly accounted for on their books. Senator Church indicated that his subcommittee will call chiefs...
Overseas, the Northrop revelations were greeted largely by an everybody-does-it yawn. Said one French official: "That American false puritanism makes Americans really think everything is pure in business. Clearly, oil, arms, electronics and telecommunications deals are usually fertilized a bit." The use of agents and consultants is not peculiar to Northrop. Khashoggi has represented Lockheed, Raytheon and Chrysler, and General Stehlin is still listed by Hughes Aircraft as a consultant...
Many American executives in the U.S. and overseas expressed off-the-record indignation, not at Northrop, but at the Church subcommittee for airing the firm's dealings and embarrassing U.S. companies abroad. But to hear some American businessmen tell it, the United Brands, Gulf and Northrop revelations have barely scratched the surface. In several countries, bribes must be routinely passed out to minor functionaries just to get licenses or even make sure that an American executive's household furniture clears customs. Payoffs to government officials to influence their buying decisions are also common in such countries as Argentina...