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March 7, 2017 06:08 pm GMT
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. As a result, the company has agreed to an $892,360,064 fine, coupled with an additional $300,000,000 it be forced to pay if it violates terms of the agreement.… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/FjoEBljxl60/
ZTE pleads guilty to violating Iran sanctions, agrees to $892 million fine
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. As a result, the company has agreed to an $892,360,064 fine, coupled with an additional $300,000,000 it be forced to pay if it violates terms of the agreement.… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/FjoEBljxl60/
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