ZTE Cops To Sanctions Violation In $892M Iran Sales Penalty
By Melissa Daniels ( March 22, 2017, 10:37 PM EDT) -- ZTE Corp. agreed to pay $430 million and pled guilty to violating the International Emergency Economic Powers Act in Texas federal court on Wednesday as part of an $892 million multiagency settlement agreement over claims it unlawfully shipped technology from the United States to Iran in violation of U.S. sanctions....
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