Violation Tracker Individual Record

Company: 
ZTE Corporation
Current Parent Company: 
ZTE
Penalty: 
$430,488,798
Year: 
2017
Date: 
March 7, 2017
Primary Offense: 
export control violation
Violation Description: 

ZTE Corporation agreed to enter a guilty plea and to pay a $430,488,798 penalty to the U.S. for conspiring to violate the International Emergency Economic Powers Act by illegally shipping U.S.-origin items to Iran, obstructing justice and making a material false statement. The plea agreement required that ZTE pay a fine in the amount of $286,992,532 and a criminal forfeiture in the amount of $143,496,266.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department National Security Division
Civil or Criminal Case: 
civil and criminal
HQ Country of Parent: 
China
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
telecommunications
Specific Industry of Parent: 
telecommunications
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.