Huawei, ZTE banned from Algerian tenders
BUSINESS
By BiztechAfrica - June 11, 2012, 1:40 p.m.
Huawei and ZTE have been banned from tendering for state business in Algeria for the next two years, after being found guilty of bribery.
The Chinese companies have been found guilty in an Algerian court of bribing executives at the state owned telecoms network, Algérie Télécom, between 2003 and 2006. ZTE and Huawei have been fined DZD3 million each and banned from tendering with state-owned companies for two years.
Two local executives, Mohamed Boukhari and Chami Madjdoub, were found guilty of receiving illegal payments and money laundering, and have been sentenced to 18 years in prison.
Three Chinese officials, Dong Tao and Chen Zhibo of ZTE and Xiao Chuhfa of Huawei, were sentenced in absentia to 10 years in prison. Their extradition is being sought.
ZTE and Huawei have denied the allegations.
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