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Chinese tech firm ZTE dodged a bullet a few months ago when the U.S Department of Commerce hit a $1.3 billion fine on it after it was accused of selling U.S-made technology in Iran but it seems like the company’s troubles are far from over.
A condition of the deal between ZTE and the Department of Commerce was that the company will be monitored until 2020, in order to ensure the offense will not be repeated.
Now that term has been extended for another two years by U.S District Judge Ed Kinkeade in Dallas because ZTE seems to have “falsely disciplines” the employees who had been a part of the trading activities with Iran.
Alongside the extension, a court-appointed monitor is expected to be given access to the same information as the one tied to the Department of Commerce – data such as company documents, facilities and personnel.
In addition to the monitoring extension, ZTE has also been required to terminate the contracts of the senior members of staff and discipline the other employees who have been involved.
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