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ZTE denies knowledge of alleged US bribery investigation

March 16, 2020

Via: ZDnet
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ZTE has denied any knowledge of a reported investigation by US officials into alleged bribery practices.

On Friday, NBC News reported that the Chinese telecommunications giant is facing scrutiny by investigators belonging to the US Department of Justice (DoJ) over alleged bribes “ZTE paid to foreign officials to gain advantages in its worldwide operations.”

According to two unnamed sources close to the matter, the investigation is new and wholly separate from a case three years ago, in which ZTE pleaded guilty to contravening US sanctions against Iran and North Korea.

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