Archived ZTE pleads guilty to violating Iran sanctions, agrees to $892 million fine (techcrunch.com)
submitted ago by ChillyHellion
Posted by: ChillyHellion
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Archived on: 6/6/2017 10:00:00 AM
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Archived ZTE pleads guilty to violating Iran sanctions, agrees to $892 million fine (techcrunch.com)
submitted ago by ChillyHellion
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[–] derram 0 points 1 point 1 point (+1|-0) ago
https://archive.is/42WKB | https://vgy.me/pNCiwC.png :
'According to Reuters, the Justice Department also investigated 283 shipments made to North Korea. '
'On top of the additional $300,000,000 suspended fine, ZTE is also being put on a three-year corporate probation, wherein an independent corporate compliance monitor will be tracking the company’s goings-on. '
'Chinese electronics giant ZTE this week pled guilty to violating US-Iran sanctions. '
'The plea marks the end of a five-year joint investigation by the Department of Justice, the FBI and the Department of Homeland Security, among others. '
'ZTE acknowledges the mistakes it made, takes responsibility for them, and remains committed to positive change in the company. '
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