In sworn statements, two senior executives at Liberia Telecommunications Corporation (LTC) said ZTE officials offered them 5 percent of the contract’s value if they would sabotage the U.S. company by giving them the contract, Fairfax Media reported on Thursday.
Court documents reveal that ZTE’s bribe — which included another “$30,000 in cash in a ‘brown paper bag’ … at a hotel in Liberia” to Alfred D. Bargor, a deputy managing director of LTC — was successful in undermining the contract with the U.S. company, Universal Telephone Exchange (UTE) Inc.
The managing director of LTC, Amara M. Kromah, was also offered the same bribe and said he received at least two “brown paper bags” of cash as well, he said in a testimony…
…ZTE products were also banned in the U.S. on April 16 for seven years for violating U.S. sanctions on Iran and North Korea, Reuters reported on April 16.
President Donald Trump is currently renegotiating a trade deal with China and the ZTE controversy is supposedly at the heart of it.