• Short Summary

    The giant American company Gulf Oil has found itself at the centre of a political storm in Latin America after admitting it had paid out large bribes to top Bolivian government officials.

  • Description

    The giant American company Gulf Oil has found itself at the centre of a political storm in Latin America after admitting it had paid out large bribes to top Bolivian government officials.

    Two former Presidents of Bolivia seem likely to have been the main beneficiaries of 4.2 million dollars (GBP1.8 million sterling) between 1966 and 1971.

    Last week at the Quemade Palace in La Paz, Gulf's chief Bolivian representative -- Senor Carlos Dorado Chopitea -- faced newsmen to answer the bribe allegations. The present Bolivian leader, General Hugo Banzer attended at the head of his chief Cabinet ministers.

    Senor Dorado read a letter from the American Corporation's Chairman, Mr. Bob Dorsey, identifying the former President, General Rene Barrientos, as a chief recipient of bribes. Gulf had paid for the rental of a private helicopter for Barrientos and had made him a gift of the $110,000 aircraft when he took power in 1966.

    The affair has already had repercussions for Gulf. On Tuesday (May 13) the Corporation's assets were seized by the Government in neighbouring Peru with the Bolivian events cited as justification.

  • Tags

  • Data

    Film ID:
    VLVA2TU3KLA1JM1A2QOGGJL7HQBK7
    Media URN:
    VLVA2TU3KLA1JM1A2QOGGJL7HQBK7
    Group:
    Reuters - Including Visnews
    Archive:
    Reuters
    Issue Date:
    19/05/1975
    Sound:
    Unknown
    HD Format:
    Available on request
    Stock:
    Colour
    Duration:
    00:00:50:00
    Time in/Out:
    /
    Canister:
    N/A

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