ZTE, Huawei executives sentenced in Algeria

According to a report on the CCTIME website that has since been removed but has been reposted on World-Story, two executives of ZTE and one of Huawei have been sentenced to ten years in prison for bribery that took place in 2003-06 and involved the Algerian telecom authority. The report says that an international arrest warrant has been issued against the three, indicating they were sentenced in absentia.

This is the first case I have come across of Chinese executives being actually sentenced for corruption by a “developing-country” court.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: