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China's ZTE pleads guilty to violating US sanctions on Iran, N.Korea by Staff Writers Washington (AFP) March 23, 2017 Chinese telecom giant ZTE has pleaded guilty in a US court to violating US export controls by selling goods to Iran and North Korea over several years. The move is the final step in the case's resolution which the US government announced March 7 in which it slapped $1.2 billion in fines on the company, the largest criminal penalty in US history in an export control case, although there have been larger fines involving financial firms. ZTE pleaded guilty to conspiring to unlawfully export, obstruction of justice and making a false statement, the US Justice Department said Wednesday. The company will immediately pay $892 million, while another $300 million in penalties are suspended for seven years. From January 2010 to March 2016, the company shipped $32 million in US cellular network equipment to Iran, and made 283 shipments of cell phones to North Korea, with the full knowledge of the highest levels of company management, officials said. ZTE used third-party companies to hide the export of US components to the sanctioned countries, and then hid the information by "sanitizing databases" with information on the sales; deleting of emails of those employees involved in the scrubbing of records; and requiring employees with information about the illegal exports to sign non-disclosure agreements. The five-year US government investigation into ZTE's actions violating restrictions on exports to sanctioned countries was first revealed in March 2016. Export privileges for ZTE -- China's largest publicly traded telecom company, and the fourth largest in the world -- are subject to denial for seven years if any aspect of this deal is not met.
Vienna (AFP) Dec 5, 2016 "Nuclear terrorists" can strike anywhere, the head of the UN atomic watchdog warned Monday at the start of a week-long ministerial conference on preventing misuse of radioactive materials and attacks on facilities. "Ensuring effective nuclear security is important for all countries, including those which possess little or no nuclear or other radioactive material," International Atomic Energy ... read more Related Links Learn about nuclear weapons doctrine and defense at SpaceWar.com Learn about missile defense at SpaceWar.com All about missiles at SpaceWar.com Learn about the Superpowers of the 21st Century at SpaceWar.com
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