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United States Foreign Trade South Korea

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December 5, 1991 | RALPH VARTABEDIAN, TIMES STAFF WRITER
A South Korean court ruled Wednesday that Northrop Corp. made an "illegal payment" of $6.25 million to help influence the sale of its jet fighters in a bizarre 1983 deal with a Korean power broker--a venture the company has defended as a goodwill gesture to build a luxury hotel in Seoul.
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BUSINESS
December 5, 1991 | RALPH VARTABEDIAN, TIMES STAFF WRITER
A South Korean court ruled Wednesday that Northrop Corp. made an "illegal payment" of $6.25 million to help influence the sale of its jet fighters in a bizarre 1983 deal with a Korean power broker--a venture the company has defended as a goodwill gesture to build a luxury hotel in Seoul.
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