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Tags: china | huawei | iran | sanctions | us | probe | wsj

WSJ: US Probing China's Huawei for Possible Iran Sanctions Violations

WSJ: US Probing China's Huawei for Possible Iran Sanctions Violations
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Wednesday, 25 April 2018 10:44 AM

The U.S. Department of Justice is investigating if Chinese tech company Huawei Technologies Co. violated U.S. sanctions in relation to Iran, the Wall Street Journal reported on Wednesday.

It is uncertain as to how far the DoJ probe has advanced to and what allegations the federal agents are exploring, the Journal said, citing people familiar with the matter.

U.S. authorities last week banned American companies from sales to China's ZTE Corp for seven years, saying the Chinese company had broken a settlement agreement with repeated false statements - a move that threatens to cut off ZTE's supply chain.

The action was sparked by ZTE's violation of an agreement that was reached after it was caught illegally shipping U.S. goods to Iran.

The DoJ declined to comment, while Huawei was not immediately available for comment. 

© 2021 Thomson/Reuters. All rights reserved.


StreetTalk
The U.S. Department of Justice is investigating if Chinese tech company Huawei Technologies Co. violated U.S. sanctions in relation to Iran, the Wall Street Journal reported on Wednesday.
china, huawei, iran, sanctions, us, probe, wsj
134
2018-44-25
Wednesday, 25 April 2018 10:44 AM
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