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Richard L. Cassin Publisher and Editor

Andy Spalding Senior Editor

Jessica Tillipman Senior Editor

Elizabeth K. Spahn Editor Emeritus

Cody Worthington Contributing Editor

Julie DiMauro Contributing Editor

Thomas Fox Contributing Editor

Marc Alain Bohn Contributing Editor

Bill Waite Contributing Editor

Shruti J. Shah Contributing Editor

Russell A. Stamets Contributing Editor

Richard Bistrong Contributing Editor 

Eric Carlson Contributing Editor

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FCPA Blog Daily News

Entries in ZTE (10)

Tuesday
Jun122018

Selva Ozelli: How should cyptocurrency bribes be valued?

At the federal level in the United States, cryptocurrencies have a lot of regulators -- FinCEN, OFAC,  the IRS, the Commodity Futures Trading Commission (CFTC), and the SEC among them. 

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Monday
Jun112018

Gerry Zack: Those are not Compliance Officers at ZTE

As reported on the FCPA Blog on June 7, in the Commerce Department’s announcement of its settlement with ZTE Corporation, it referred to a requirement for ZTE to “retain a team of special compliance coordinators selected by and answerable to” the Commerce Department for ten years.

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Thursday
Jun072018

Deal announced for U.S. to embed ZTE compliance group for 10 years

Secretary of Commerce Wilbur Ross said Thursday that China's ZTE will pay $1 billion in penalties, put $400 million in escrow, and accept a U.S.-appointed compliance department.

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Tuesday
May292018

U.S. to ZTE: Hire American compliance officers

Commerce Secretary Wilbur Ross said a deal the Administration has reached with China's ZTE to restore its U.S. trading rights includes creating a new compliance department that's staffed with American compliance officers.

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Wednesday
Apr182018

Report: ZTE removes compliance chief after admitting lies to U.S. authorities

ZTE replaced its chief compliance officer after it admitted to the U.S. government in March that it made false statements about meeting the requirements of a settlement agreement.

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Monday
Apr162018

U.S. hits ZTE with ‘denial of export privileges’ for violating sanctions settlement

The U.S. Department of Commerce Monday imposed a denial of export privileges against ZTE and a related company for seven years for failing to comply with settlement terms in an earlier sanctions case.

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Wednesday
Mar082017

ZTE Corporation pays $892 million for Iran, North Korea sanctions violations

China's ZTE Corporation agreed Tuesday with the DOJ and two other agencies to pay $892 million for knowingly shipping dual-use telecoms equipment to Iran for six years and lying to cover up the trade offenses.

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Thursday
Mar262015

China's number one export: Graft?

Chinese President Xi Jinping and his Sri Lankan counterpart Mahinda Rajapaksa witness the signing of the Colombo Port City Project in September 2014 (Image courtesy of CCC)Sri Lanka this month became the latest of at least five countries to shut down huge China-backed infrastructure and telecoms projects tainted by allegations of corruption.

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Thursday
Feb062014

China cancels Thai rice deal because of alleged graft

China walked away from a deal to buy 1.2 million tonnes of rice from Thailand after Thai authorities launched a corruption probe into a controversial subsidy to rice farmers.

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Thursday
Sep192013

Africa nations shut down tainted China telecoms deals

The Zambia government has terminated a $210 million closed circuit television camera contract with China's ZTE because of alleged corruption.

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