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Lockheed Indicted on Charges of Hiring Egyptian Official

June 23, 1994

ATLANTA (AP) _ Lockheed Corp. and two of its executives have been indicted for allegedly hiring a member of the Egyptian parliament to help win a $79 million contract, federal authorities announced Wednesday.

Authorities say Lockheed paid more than $1 million to Leila Takla to help Lockheed win a contract for the sale of three C-130 Hercules aircraft to Egypt in 1979. California-based Lockheed has a plant in suburban Atlanta.

The company and two executives, Allen R. Love and Suleiman A. Nassar, also were accused of violating the Foreign Corrupt Practices Act, conspiring to commit wire fraud and impairing the work of the Defense Department.

The indictment also accuses Love of committing perjury before a grand jury. Love is the company’s director of Middle East and North Africa sales, Nassar is the company’s Geneva-based vice president.

A telephone message by The Associated Press left on Love’s answering machine seeking comment was not immediately returned. The AP was not immediately able to locate Nassar.

Lockheed strongly denied the charges.

″We firmly believe that any prosecution of this case is without merit,″ the company said in a statement. ″Lockheed fully cooperated with the government during the course of its investigation and is disappointed by the decision to seek an indictment.″

The indictment also accuses Lockheed executives of creating fraudulent documents to conceal the identity of Takla. The investigation was conducted with the cooperation of Egyptian officials.

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