ZTE Faces US Investigation Over Foreign Corrupt Practices Act Compliance

Reuters12-11
ZTE Faces US Investigation Over Foreign Corrupt Practices Act Compliance

ZTE Corporation has acknowledged recent media reports regarding an investigation into its compliance with the United States Foreign Corrupt Practices Act (FCPA). The company is in ongoing communication with the U.S. Department of Justice concerning these matters and has stated its intention to defend its rights and interests through legal channels. ZTE emphasizes its commitment to anti-corruption measures and the continued strengthening of its compliance system. The company also noted that its current production and operations remain normal despite the ongoing regulatory scrutiny.

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