US Treasury Secretary urged to investigate China's ZTE

By REUTERS
July 27, 2012 11:41

 
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Seventeen US lawmakers have called on Treasury Secretary Timothy Geithner to investigate ZTE Corp, the Chinese telecommunications equipment maker, over allegations it sold a surveillance system and banned US computer equipment to Iran.

In a letter sent to Geithner, the members of the House of Representatives - 16 Republicans and one Democrat - wrote, "We urge your department and other concerned agencies to examine the nexus between ZTE and Iran and, if warranted, take action to prevent companies that assist the repressive policies of the Iranian regime from expanding in the United States."

The letter, dated July 27, cited articles by Reuters in March and April that documented how Shenzhen, China-based ZTE had sold sophisticated monitoring and US computer equipment to Iran's largest telecoms firm, and agreed last year to ship millions of dollars worth of additional US tech products to a unit of the consortium that controls it. Copies of the Reuters articles were attached to the letter.

A spokesman for ZTE said, "ZTE is wholly committed to transparency and will cooperate with US departments in addressing any issues."

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