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Lockheed Corporation president Carl Kotchian admitted that the company had paid out approximately US$3 million in bribes to the office of Japanese prime minister Kakuei Tanaka.
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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…Source: Wikipedia (CC BY-SA)
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…Source: Wikipedia (CC BY-SA)
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,…Source: Wikipedia (CC BY-SA)
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)