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U.S. duo fined over China dealings
CNN Asia ^

Posted on 03/05/2003 5:04:02 PM PST by maui_hawaii

Edited on 04/29/2004 2:02:11 AM PDT by Jim Robinson. [history]

WASHINGTON (CNN) -- Two U.S. companies, Hughes Electronics Corp. and Boeing Co.'s Boeing Satellite Systems unit, have agreed to a $32 million fine for allegedly sharing missile-related information with Chinese officials.

The fine includes a $20 million cash penalty, $12 million of which goes to the U.S. Treasury. The remaining $8 million goes to the U.S. Customs Service to settle a separate claim against the companies.


(Excerpt) Read more at edition.cnn.com ...


TOPICS: Business/Economy; Foreign Affairs
KEYWORDS:

1 posted on 03/05/2003 5:04:04 PM PST by maui_hawaii
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To: maui_hawaii
Unbelievable...That's like hitting me with a 50 dollar fine for spying against the country...Where's the justice???
2 posted on 03/05/2003 5:12:28 PM PST by Iscool
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To: maui_hawaii
Nowhere do they mention the Klintoon's campaign contributions from the Chinese and the Commerce Department's involvement with this scam (technology for campaign cash). Ron Brown is not here to talk about it, either....
3 posted on 03/05/2003 5:16:12 PM PST by traditional1
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To: All
Link to the NYT version
4 posted on 03/05/2003 5:19:24 PM PST by maui_hawaii
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To: Iscool
And we are worried about those missiles across the strait targeting Taiwan... among other things...

I say that now, seeing how these companies are owned by people other than the original owners...the US should seek out the individuals that did all of this and throw them in jail for years.

5 posted on 03/05/2003 5:22:32 PM PST by maui_hawaii
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To: maui_hawaii
the US should seek out the individuals that did all of this and throw them in jail for years.

That should include the president that allowed it!

6 posted on 03/06/2003 2:36:36 PM PST by Captainpaintball (Me Chinese, Me play joke...We steal from you 'till you go broke!!!)
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