. 24/7 Space News .
NUKEWARS
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.

NUKEWARS
Watchdog warns 'nuclear terrorism' can strike anywhere
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


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

NUKEWARS
Russia to Build First New-Generation 'Federation' Spacecraft by 2021

Two more spacewalks for Thomas Pesquet

Trump's budget would cut NASA asteroid mission, earth science

Aiming Higher: High School Students Build Flight Hardware Bound for Space

NUKEWARS
Russia, China could cooperate on developing reusable rockets

India gets indigenously built hypersonic wind tunnel

Rocket Lab raises $75M in funding for scaling up production of electron rocket

SpaceX cargo ship returns to Earth

NUKEWARS
Does Mars Have Rings? Not Right Now, But Maybe One Day

ExoMars: science checkout completed and aerobraking begins

Mars Rover Tests Driving, Drilling and Detecting Life in Chile's High Desert

Opportunity Driving South to Gully

NUKEWARS
China Develops Spaceship Capable of Moon Landing

Long March-7 Y2 ready for launch of China's first cargo spacecraft

China Seeks Space Rockets Launched from Airplanes

Riding an asteroid: China's next space goal

NUKEWARS
Globalsat Sky and Space Global sign MoU for testing and offering satellite service in Latin America

A Consolidated Intelsat and OneWeb

UK funding space entrepreneurs

Kymeta and Intelsat announce new service to revolutionize how satellite services are purchased

NUKEWARS
Why water splashes: New theory reveals secrets

Pulverizing electronic waste is green, clean - and cold

Molecular 'treasure maps' to help discover new materials

Researchers use light to remotely control curvature of plastics

NUKEWARS
Fossil or inorganic structure? Scientists dig into early life forms

Gigantic Jupiter-type planet reveals insights into how planets evolve

Operation of ancient biological clock uncovered

Visualizing debris disk "roller derby" to understand planetary system evolution

NUKEWARS
ESA's Jupiter mission moves off the drawing board

NASA Mission Named 'Europa Clipper'

Juno Captures Jupiter Cloudscape in High Resolution

Juno to remain in current orbit at Jupiter









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.