Showing posts with label Iran. Show all posts
Showing posts with label Iran. Show all posts

Tuesday, March 7, 2017

ZTE to Plead Guilty and Pay $1.19 Billion to U.S. Government

In the case involving the shipment of U.S.-origin technology to Iran during the period of economic sanctions, ZTE Corporation agreed to enter a guilty plea and to pay a $430,488,798 penalty to the U.S. ZTE simultaneously reached settlement agreements with the U.S. Department of Commerce’s Bureau of Industry and Security (BIS) and the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC). In total ZTE has agreed to pay the U.S. Government $892,360,064. The BIS has suspended an additional $300,000,000, which ZTE will pay if it violates its settlement agreement with the BIS.


Attorney General of the United States Jeff Sessions, Acting Assistant Attorney General for National Security Mary B. McCord, U.S. Attorney John R. Parker for the Northern District of Texas and FBI Assistant Director Bill Priestap for the Counterintelligence Division made the announcement.

“ZTE engaged in an elaborate scheme to acquire U.S.-origin items, send the items to Iran and mask its involvement in those exports. The plea agreement alleges that the highest levels of management within the company approved the scheme. ZTE then repeatedly lied to and misled federal investigators, its own attorneys and internal investigators. Its actions were egregious and warranted a significant penalty,” said Acting Assistant Attorney General Mary B. McCord.

https://www.justice.gov/opa/pr/zte-corporation-agrees-plead-guilty-and-pay-over-4304-million-violating-us-sanctions-sending

Friday, October 28, 2016

Vodafone Announces a Deal in Iran

Vodafone announced a deal with HiWEB, a leading Iranian ISP, to assist in rolling out and modernizing network infrastructure in Iran. Fixed and mobile Internet services will be offered under the HiWEB brand/In addition, HiWEB will be able to provide Vodafone’s multinational corporate customers with fixed and mobile services in Iran.

Vodafone will also support HiWEB in marketing, distribution and sales, including the provision of Internet of Things (IoT) services to HiWEB’s customers.

The deal is a new non-equity Partner Market agreement.

Vodafone Partner Markets Chief Executive Diego Massidda said: “I am delighted to reach agreement with HiWEB on a partnership that will benefit both parties in Iran. Vodafone’s corporate customers will get the benefit of quality network services in the country – including in rural areas – and HiWEB will be able to access Vodafone’s global expertise to support the roll out of products, infrastructure and the launch of IoT services in Iran.”

http://www.vodafone.com/content/index/media/vodafone-group-releases/2016/hiweb-iran.html

Monday, March 7, 2016

U.S. Dept. of Commerce Ruling Hits ZTE and Suppliers

The U.S. Department of Commerce has added ZTE to the list of entities involved in "activities contrary to the national security or foreign policy interests of the United States."

The Export Administration Regulations (EAR) listing, which limits the availability of most license exceptions on U.S. technology sales to ZTE, was driven by a finding that ZTE willingly resold restricted U.S. technology products to Iran during the period of economic sanctions,

The move could block U.S. semiconductor companies from selling to ZTE, potentially impacting a wide range of networking gear and mobile devices.

ZTE said it is working expeditiously towards resolution of this issue and that it is fully committed to compliance with the laws and regulations of the jurisdictions in which it operates.

https://s3.amazonaws.com/public-inspection.federalregister.gov/2016-05104.pdf


FBI Opens Criminal Investigation into ZTE Shipments to Iran

The FBI has opened a criminal investigation into whether ZTE shipped U.S.-made networking components and surveillance equipment to Iran.  According to various news sources, including Reuters, The Washington Post and The Smoking Gun, various documents have emerged, including a shipping manifest, related to a $130 million sales contract between ZTE and the Telecommunications Company of Iran.  Equipment reportedly includes systems from Cisco, Dell, Hewlett-Packard, Juniper, Microsoft, Oracle and Symantec.
http://www.thesmokinggun.com/documents/fbi-probes-zte-iran-deal-645912
http://www.washingtonpost.com/

See also