ZTE Enters Guilty Plea in Case Involving Dual-Use Telecom Shipments to Iran
ZTE Corporation on March 22 pleaded guilty to one count each of conspiring the violate the International Emergency Economic Powers Act through illegally shipping U.S.-origin items to Iran, as well as obstruction of justice and making a material false statement,…
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the Justice Department announced (here). The Chinese multinational company agreed to plead guilty to the alleged violations, pay $430.5 million in fines and criminal forfeitures, and to serve three years of corporate probation, during which an independent compliance monitor will review and report on ZTE’s export compliance program, DOJ announced earlier this month (see 1703080010). DOJ’s announcement cited plea documents that showed ZTE either directly or indirectly through a third party shipped about $32 million worth of dual-use U.S.-origin wireless and wireline infrastructure hardware to customers in Iran between January 2010 and January 2016.