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Business, general

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Lockheed admits Egypt bribe; fine set

Article Abstract:

Lockheed Corp. pleaded guilty to allegations that it had bribed an Egyptian legislator with $1 million in 1988. The company, which subsequently won a $79 million order for three cargo jets from the Egyptian government, was fined $24.8 million for violating the 1977 Foreign Corrupt Practices Act.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1995
Aircraft industry, Bribery, Lockheed Corp.

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Kanemaru charged with tax evasion

Article Abstract:

Former political insider Shin Kanemaru Mar 6, 1993, was charged with suspicion of income-tax evasion by federal prosecutors in Tokyo, Japan. Kanemaru would be put in jail for at least 10 days while the charges were investigated.

Publisher: Facts on File, Inc.
Publication Name: Facts on File
Subject: Business, general
ISSN: 0014-6641
Year: 1993
Tax evasion, Kanemaru, Shin

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