Gulf Oil Corporation maintained a multimillion dollar secret fund used to make illegal campaign contributions. It appeared the Gulf though the United States Senate was for sale.

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This statement is true. In 1974, Gulf Oil Corporation was found to have a secret fund of $2 million that was used to make illegal campaign contributions to the reelection campaigns of various US senators. This scandal became known as the "Gulf Oil Scandal" and sparked debate about the role of big corporations in politics.

Gulf Oil Corporation Maintained a Multimillion Dollar Secret Fund Used