Posts Tagged ‘‘probes’’

FBI Investigating ZTE For trade with Iran

FBI Investigating ZTE For trade with Iran

Posted on 14 Jul 2012 at 2:38pm

 

The FBI has launched a criminal investigation into Chinese telecoms equipment-maker ZTE over allegations it sold banned US computer gear to Iran. ZTE is the world’s fourth-biggest mobile telecoms manufacturer.

US sanctions prohibit the trade of any non-humanitarian goods with Iran. An investigation by Reuters in March alleged that ZTE had provided products made by the likes of Microsoft and HP.

In documents obtained by the Smoking Gun website, a ZTE lawyer said company officials also discussed shredding material relating to the alleged deals.

Reuters said that ZTE had sold Iran a surveillance system capable of monitoring landline, mobile and…