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Chinese State Firm Pleads Guilty In U.S. Over Pakistan Nuclear Exports

December 04, 2012

A Chinese state-owned company has pleaded guilty in the United States and been fined $3 million for conspiring to violate U.S. nuclear export restrictions on Pakistan.

The China Nuclear Industry Huaxing Construction company was charged with supplying U.S.-manufactured high-temperature coatings to a Pakistani nuclear power plant, using a distributor in China to evade U.S. regulations.

The firm pleaded guilty in federal court in Washington on December 3.

U.S. authorities have imposed a $2 million criminal fine on the company.

But it will only have to pay half of this amount if it completes five years of U.S. probation.

In a separate agreement with the U.S. Commerce Department, the company agreed to pay a $1 million fine and be audited to ensure compliance with U.S. laws.

Based on reporting by AP, Reuters, and AFP

Source: http://www.rferl.org/content/china-state-firm-huaxing-pleads-guilty-in-us-court-pakistan-nuclear-exports/24788556.html

Copyright (c) 2012. RFE/RL, Inc. Reprinted with the permission of Radio Free Europe/Radio Liberty, 1201 Connecticut Ave., N.W. Washington DC 20036.