Featured Articles

Nvidia GTX 980 reviewed

Nvidia GTX 980 reviewed

Nvidia has released two new graphics cards based on its latest Maxwell GPU architecture. The Geforce GTX 970 and Geforce GTX…

More...
Nvidia adjusts GTX 980 and GTX 970 pricing

Nvidia adjusts GTX 980 and GTX 970 pricing

It appears that Nvidia has been feeling the pulse of the market and took some note from comments regarding the original…

More...
iPhone 6 and 6 Plus reviews are up and they are good

iPhone 6 and 6 Plus reviews are up and they are good

Apple is dancing the same dance year after year. It releases the iPhone and two days before they start shipping it…

More...
Amazon announces three new tablets

Amazon announces three new tablets

Amazon has just released three new tablets starting with the $99 priced 6-inch Kindle Fire HD6. This is a 6-inch tablet…

More...
PowerColor TurboDuo R9 285 reviewed

PowerColor TurboDuo R9 285 reviewed

Today we will take a look at the PowerColor TurboDuo Radeon R9 285. The card is based on AMD’s new…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Tuesday, 12 June 2012 13:58

Chinese telcos in bribery scandal

Written by Nick Farrell

china-flag

Banned from tendering in Algeria

Chinese telecom outfits Huawei and ZTE have been banned from tendering for state contracts in Algeria for two years and been fined by a local court after being caught in a bribery scandal.

The pair bribed executives at the state owned telecoms network, Algérie Télécom. A former executive at the telecoms network, Mohamed Boukhari and a businessman, Chami Madjdoub have also been found guilty of receiving illegal payments and money laundering to conceal the sources of those payments.

The bribery took place between 2003 and 2006 and the two men were sentenced to 18 years in prison, have had their property confiscated and been fined US$64,000 each. Huawei and ZTE have been fined US$38,400 each and banned from tendering with state-owned companies for two years.

Three Chinese officials, Dong Tao, Chen Zhibo and Xiao Chuhfa were sentenced in their absence to 10 years in prison. Additionally, an international arrest warrant has been issued for their extradition back to the country.

However the two companies denied involvement. They said they were victims of the bribery. It said the problem was all caused by workers who were involved in a dodgy deal between each other.


Nick Farrell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments