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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSenator Wyden suggests that Trump's proposed ZTE bailout is part of corrupt quid pro quo
Donald Trump recently proposed a bailout of a Chinese phone company. But China is investing millions on an ambitious Trump project in Indonesia. Senator Ron Wyden suggests that this is a quid pro quo between the two presidents.
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elleng
(130,908 posts)malaise
(268,999 posts)NOW
Wwcd
(6,288 posts)Link to tweet
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Thread to follow here:
https://mobile.twitter.com/pwnallthethings/status/995687255569256448
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From Justice.gov, March 2017
https://www.justice.gov/opa/pr/zte-corporation-agrees-plead-guilty-and-pay-over-4304-million-violating-us-sanctions-sending
ZTE Corporation not only violated our export control laws but, once caught, shockingly resumed illegal shipments to Iran during the course of our investigation, said U.S. Attorney Parker. ZTE Corporation then went to great lengths to devise elaborate, corporate-wide schemes to hide its illegal conduct, including lying to its own lawyers.
"The plea agreement in this case shows ZTE repeatedly violated export controls and illegally shipped U.S. technology to Iran," said Assistant Director Priestap. "The company also took extensive measures to hide what it was doing from U.S. authorities. This case is an excellent example of cooperation among multiple U.S. agencies to uncover illegal technology transfers and make those responsible pay for their actions."
The plea agreement, which is contingent on the courts approval, also requires ZTE to submit to a three-year period of corporate probation, during which time an independent corporate compliance monitor will review and report on ZTEs export compliance program. ZTE is also required to cooperate fully with the Department of Justice (DOJ) regarding any criminal investigation by U.S. law enforcement authorities.
The plea agreement ends a five-year joint investigation into ZTEs export practices, which was handled by the DOJs National Security Division, the U.S. Attorneys Office for the Northern District of Texas, the FBI, the BIS and the Department of Homeland Security, U.S. Immigration and Customs Enforcements Homeland Security Investigations.
A criminal information was filed today in federal court in the Northern District of Texas charging ZTE with one count of knowingly and willfully conspiring to violate the IEEPA, one count of obstruction of justice and one count of making a material false statement. ...
Cont at link..
Eliot Rosewater
(31,112 posts)would see to it instantly.
pandr32
(11,584 posts)...and selling out our interests and long-time allies to do so. How can anyone in the U.S. stand for this? I am so sick of Republicans saying "so what!"
asiliveandbreathe
(8,203 posts)many people of like minds expressing their opinions...we are NOT alone....
barbtries
(28,795 posts)so corrupt.
mobeau69
(11,144 posts)How in the hell is the Mueller team ever going to get to the bottom of all this? The amount of corruption is mind boggling.
BlueJac
(7,838 posts)hurry up Mueller!
NewJeffCT
(56,828 posts)was really kind of out of the blue - it certainly doesn't help Trump at home as most of his base would be against it. So, the obvious choice is that it benefits Trump financially.
eleny
(46,166 posts)They'll always find a way to excuse his decisions.
Merlot
(9,696 posts)eleny
(46,166 posts)BobTheSubgenius
(11,563 posts)Helping the American worker, first and foremost, then ensuring that pressure is continually brought to bear on Iran and China. Many more examples, of course, but mainly MAGA.
matt819
(10,749 posts)We've now added more to the Mueller inquiry. Unless they were already onto this.
Uncle Joe
(58,362 posts)Thanks for the thread Americanno
Hekate
(90,690 posts)eleny
(46,166 posts)We could have done that manufacturing here in the USA. But Trump is solely about making money for his own interests.
DallasNE
(7,403 posts)Makes transactions like this look really bad.
There is another possibility given the timing. This could be part of the package deal with North Korea. The taxpayers will pay dearly for the final package that will have vague language that will allow all sides to declare victory but with a high monetary cost.
Kirk Lover
(3,608 posts)assaulting Summer Zervos.
Nitram
(22,801 posts)nations for money. The man is insane.
Orsino
(37,428 posts)Enoki33
(1,587 posts)in a tRump licensed project there. Corruption on a scale trademarked by Putin.
Eyeball_Kid
(7,432 posts)He lives only for money. Without it, nothing matters. Wyden is being generous and he knows it. Trumpy is president to get as rich has he can possibly get. That's it. And the GOP? They're all in. They're letting Trumpy do all the damage he can do, because to the GOP, the Republic is expendable. Money rules. Nothing else matters.