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chechaco
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chechaco,
User Rank: Light Beer
1/29/2019 | 3:03:15 AM
Re: Excellent!! Great news!! Banish the Corrupt company
Do you mean ban E///? Last October FT reported Ericsson's 5G recovery overshadowed by US corruption probe. And that in addition to E/// violating US sanctions against South Sudan to which E// paid the fine, though much smaller than ZTE, last July. And all that in addition to the investigation of E/// by the authorities in Greece. So, whom to trust?

 

Phil Harvey
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Phil Harvey,
User Rank: Light Sabre
1/28/2019 | 7:53:44 PM
Comments re: alleged sanctions violations
Here's a bit of what Acting Attorney General Matthew Whitaker said (prepared remarks) during a presser today: 
As early as 2007, Huawei employees allegedly began to misrepresent the company's relationship with its Iranian affiliate, which is called Skycom. Huawei employees allegedly told banking partners that Huawei had sold its ownership interest in Skycom—but these claims were false. In reality, Huawei sold Skycom to itself.
By claiming that Skycom was a separate company—and not an affiliate which Huawei controlled—Huawei allegedly asserted that all of its Iran business was in compliance with American sanctions. These alleged false claims led banks to do business with the company and, therefore, to unknowingly violate our laws. One bank facilitated more than $100 million worth of Skycom transactions through the United States and in just four years.
Huawei allegedly lied about other relationships, as well. In 2017, when one bank decided to terminate its global banking relationship with Huawei over concern about risk, the company allegedly told other banks that Huawei was distancing itself from the bank—not the other way around. Huawei allegedly did this in an attempt to, among other things, manipulate those other banks into expanding and maintaining their banking relationships with Huawei.
There are additional troubling allegations in the indictment as well, including that Huawei lied to the federal government, and attempted to obstruct justice by concealing and destroying evidence and by moving potential government witnesses back to China.
rocket101
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rocket101,
User Rank: Light Sabre
1/28/2019 | 7:18:36 PM
Excellent!! Great news!! Banish the Corrupt company
Excellent!! Great news!! Banish the Corrupt company.  Cheating, Stealing , dishonesty is in their DNA. Hope TMobile learnt a lesson.


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