The Palm Beach Post from West Palm Beach, Florida on December 10, 1976 · Page 41
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December 10, 1976

A Publisher Extra Newspaper

The Palm Beach Post from West Palm Beach, Florida · Page 41

Publication:
Location:
West Palm Beach, Florida
Issue Date:
Friday, December 10, 1976
Page:
Page 41
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Page 41 article text (OCR)

Contractor Admits Payments To Koreans Involved in Probe Palm Beach Post, Friday, December 10, 1976 C5 Rhodesia Talks Taking Holiday GENEVA, Switzerland (UPI) - All sides in the Rhodesia Conference conceded yesterday the talks were stalemated and should recess until the start of the new year. "We're all good Christians and we want to spend Christmas at home," said Rhodesian Prime Minister Ian Smith. "Thereafter the conference will be reconvened." Smith reported "some progress" in his second day of talks with British conference Chairman Ivor Richard, but said he was skeptical about the chances for a final settlement of Rhodesia's transition to black majority rule. "This year, next year, maybe the following year?" he said. Richard, who said Smith presented "no new ideas," left for London and talks with Secretary of State Henry Kissinger. Black nationalists Joshua Nkomo and Bishop Abel Muzorewa left for speeches in London and Salisbury. And Smith, who said he needed time for "reflection," was expected to return home this weekend. The talks, scheduled for a month, opened Oct. 28 and immediately deadlocked for four weeks- rea for which E-Systems paid commissions, company official John Kumpf said. Kumpf said the commission payments were made to Yoo and Lee. Asked why they were made to them rather than sent directly to Korea, he replied: "That's what we were directed to do. We don't know what they do with the payments once they are made." He said the firm had helped arrange a joint venture radio manufacturing operation in Korea, which was then given a $29 million contract by the Republic of Korea. There was initially some confusion between this firm and an operation with a similar name that publishes articles favorable to the Korean regime. However, there apparently is no connection between it and the Research Institute on Korean Affairs in Silver Spring, Md. The SEC action apparently broadens the range of the probes of payments by Koreans to U.S. officials. The Justice Department is conducting a parallel investigation of the activities of businessman Tongsun Park among others. Park is known to have given cash in amounts as high as $10,000 to give members of (c) Washington Star WASHINGTON - Regular payments were made to two Koreans involved in a Securities and Exchange Commission (SEC) investigation of possible bribes of congressmen, according to the defense contractor involved. The SEC has gone to court to force the two to testify about their activities and turn over their records. The agency said preliminary investigation indicates the two one a resident alien and the other a naturalized citizen - "may have participated in the illegal payment of monies in the form of bribes to members of the Congress of the United States or other public officials in connection with the sales of military equipment by E-Systems Inc. to the Republic of Korea." The SEC did not give any indication of amounts involved or how many present or ex-congressmen may have been involved. A spokesman for E-Systems at its Dallas headquarters said the two, Jong Ho Yoo and Howard P. Lee, were the U.S. agents for Korean Research Institute. He said E-Systems had hired Korean Research as its sales representative in Korea in 1973. KRI helped to arrange sales for E-Systems in Ko I 1 Prime Minister Smith . . . 'Christmas at home' HOLIDAY SAVINGS FOR YOUNG PEOPLE LEISURE LOOKS FOR LITTLE GIRLS A. SOFT KNIT SHIRTS, short or long sleeves in polyestercotton solids, prints. Mock turtles, collars. 4-6X. Reg. 3.99-5.00 2.99 PANTS, with braided belt. Polyesterwool cord. Blue, green. Reg. 12.50 6.99 BOYS CAN ALWAYS USE THESE! B. KNIT SHIRTS, long sleeve in polyestercotton stripes, solids. Sizes 4-7 3.39 PANTS, JEANS, no-iron polyester cottons by famous maker. Special 5.99 PRE-TEENS LIKE THE GAUCHO LOOK C. SPLIT SKIRTS, with multicolor, beaded belts. Polyesterrayon in orange, green, royal. 6-14. Me Shop. Special 9.99 TEES, prints. Reg. 6.00 3.99 7-14gauchos 8.99 7-14 T's, reg. 5.00-6.00,2.99-3.99 THE PINK PANTHER PROWLS. That funny feline appears on our girls pink nightshirts in knit rayon polyester. 4-14 8.00 TODDLER COORDINATES, vests, jumpsuits, pants, and skirts for boys and girls, sizes 2,3 and 4. Reg. 7.50 to 1 4.00, 5.59 to 10.99 INFANT LEGGING sets in acrylic knits. Sizes 0-6 mo. Regular 11.99-15.00 8.99-11.99 D. PAINT NIK SHIRT is pre-stamped with easy-to-paint design. White T, several designs. S.M.L. for kids from 4 to 1 5 4.00 E. CUDDLY TEDDY BEAR is hand washable, made of acrylic. For children 2 to 6 and older 10.00 F. WALKIE TALKIE with four transistors and telescopic antenna. The range is about Vi mile. FCC approved 14.99 G. TWIN-CYCLE for tots converts to a big-wheel type bike. Just one pin does the trick. It's a cinch. For ages 5-10 1 8.99 Not shown: U.S.S. ENTERPRISE from "Star Trek". Scale model 10.00 ART DARTS, very safe. Dart balls stick like magic. 1 2" target, 9.00 HOLLY HOBBIE papier mache fashion girl bank. 8" tall 2.99 TRAIN OR ROADRACE SET. Fun for the family 19.99 ENJOY 3 HRS. FREE PARKING IN OUR SELF-PARK AND LOCK LOT WITH PURCHASE AUTHORIZERS IN SALES DEPARTMENTS WILL VALIDATE YOUR TICKET Christmas shop today 10:00 a.m. to 9:00 p.m.; 10:00 a.m. to 7:30. p.m. Saturday

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