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In testimony before a United States Senate subcommittee, Lockheed Corporation president Carl Kotchian admits that the company had paid out approximately $3 million in bribes to the office of Japanese Prime Minister Kakuei Tanaka.

Historical image related to In testimony before a United States Senate subcommittee, Lockheed Corporation president Carl Kotchian admits that the company had paid out approximately $3 million in bribes to the office of Japanese Prime Minister Kakuei Tanaka. from February 6, 1976

United States Senate

Upper house of the U.S. Congress

The United States Senate is a chamber of the bicameral United States Congress; it is the upper house, with the U.S. House of Representatives being the lower house. Together, the Senate and House have the authority under Article One of the U.S. Constitution to pass or defeat…
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Lockheed Corporation

1926–1995 aerospace manufacturer in the United States

The Lockheed Corporation was an American aerospace manufacturer. Lockheed was founded in 1926 and merged in 1995 with Martin Marietta to form Lockheed Martin. Its founder, Allan Lockheed, had earlier founded the similarly named but otherwise-unrelated Loughead Aircraft…
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Carl Kotchian

20th-century American businessman

Archibald Carlisle Kotchian, known as Carl or A.C., was an American business executive who served as the president of Lockheed Corporation. His admission of paying millions of dollars in bribes to foreign government officials led to the jailing of Japan's prime minister and…
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Lockheed bribery scandals

Mid-20th-century political scandals

The Lockheed bribery scandals encompassed bribes and contributions made by officials of U.S. aerospace company Lockheed from the late 1950s to the 1970s in the process of negotiating the sale of aircraft. The scandal caused considerable political controversy in West Germany,…
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Kakuei Tanaka

Prime Minister of Japan from 1972 to 1974

Kakuei Tanaka was a Japanese politician who served as prime minister of Japan from 1972 to 1974. Known for his background in construction and earthy and tenacious political style, Tanaka is the only modern Japanese prime minister who did not finish high school or graduate from a…
Source: Wikipedia (CC BY-SA)