Crazy crackdown on other countries enterprises, the long arm jurisdiction of the United States should rest!

category:Finance
 Crazy crackdown on other countries enterprises, the long arm jurisdiction of the United States should rest!


From 1982 to 1984, Toshiba machinery, a subsidiary of Toshiba, exported 8 lathes to the Soviet Union, and provided the relevant lathes with numerical control devices and the required software. It should be noted that at that time, Western exports to socialist countries were restricted by the Paris Coordinating Committee, and Japan was a member of Batumi. The U.S. military found it difficult to trace Soviet submarines. Later, it learned that it was because of the import of Japanese equipment, and began to investigate Japanese enterprises.

In 1987, the United States got the evidence that the Soviet Union obtained precision machine tools from Japan and began to impose sanctions on Toshiba. In order to ease the situation, the Japanese government followed the investigation of corporate responsibility. Toshiba machinery was forced to pay a fine of 2 million yen, and two executives of the company were sentenced to 10 months and 1 years imprisonment respectively. In addition, Toshiba had to invest about 100 million yen to publish apology advertisements in more than 50 newspapers and periodicals across the United States.

In 1985, the U.S. government launched an anti-dumping lawsuit against Japanese semiconductor manufacturers, forcing the Japanese government to conduct semiconductor negotiations. In September 1986, the two sides reached the US Japan Semiconductor Trade Agreement, which restricted the export of Japanese semiconductors to the United States and encouraged Japan to increase the market share of American semiconductor products to 20%. Japanese semiconductor enterprises, which once dominated the world, declined rapidly.

Alston, the Pearl of industry in France, was dismembered by the United States

During the brilliant period, Alstom has been in more than 70 countries and regions around the world, providing important energy and rail transit technology for many countries. Alstom is a highly strategic enterprise in France. It is responsible for the manufacture, maintenance and renewal of turbine generators for 58 nuclear reactors in France, and is responsible for 75% of Frances power production equipment. At the same time, Alstom also supplies propulsion turbines for the French aircraft carrier Charles de Gaulle.

Alstom is not only powerful, but also an enemy of GM. Since 2002, the two sides have been fighting with each other frequently. In Egypt, Saudi Arabia and Indonesia, Alstom frequently snatched the orders of GM. The Americans began to covet Alston.

First of all, the U.S. Department of justice launched an anti-corruption investigation against ALSTOM, asking Alstom to cooperate. In order to obtain evidence against ALSTOM, the U.S. Department of justice used a variety of means, they put undercover in the core Department of Alstom. For many years, the American eye liner has been hiding a recording pen in the coat pocket, recording a lot of conversations with colleagues.

Alstons delaying response to the Justice Department angered U.S. prosecutors. On April 14, 2013, Alstoms vice president of international sales, pierruzi, was arrested by the FBI at Kennedy International Airport in New York, USA, for bribing government officials through middlemen in the tarahan power station project on Sumatra island, Indonesia, in 2003.

In the end, piyuzi couldnt resist the pressure to sign the plea agreement. However, the United States did not keep its promise, still imprisoned him for more than five years, and it was not until 2018 that piyuuzzi was freed again.

In 2014, the U.S. authorities arrested three more former colleagues of pieruzi. The day after the arrest of Lawrence Hawkins, Alstoms fourth executive, vice president of Asia, Alstom announced that it was ready to sell 70% of its energy business to its main competitor, General Electric.

Sanctions against artifact: anti corruption law of the peoples Republic of China

The U.S. Department of justice can arrest, detain, prosecute, adjudicate and punish any foreign citizen at will, mainly because of an American law, the foreign corrupt act.

The Foreign Corrupt Practices Act (FCPA) is a U.S. federal law that governs corporate bribery and false or untrue accounting records. It provides civil penalties and criminal liabilities for the responsible subjects. In 1977, it was passed by the U.S. Congress. In the following 40 years, the U.S. Congress gradually expanded the scope of application and jurisdiction of the act. In 1998, the U.S. Congress amended the law to make the FCPA extraterritorial and applicable to foreign companies.

The FCPA defines the United States as the global anti-corruption police, which empowers the U.S. government to pursue any company. As long as a foreign company trades in U.S. dollars or uses the servers mail system in the United States, the United States considers that they have jurisdiction over the company and its employees. Under the cover of morality, this law has changed dramatically. It has become a magic tool for the United States to intervene in other countries enterprises and launch economic war, and has become a real gold mine of the US Treasury Department.

Under the long arm jurisdiction of the FCPA, many foreign companies have paid a heavy price

In 2019, Ericsson of Sweden paid US $1.06 billion in fines to the United States.

Among the huge fines issued by the FCPA, foreign enterprises make the most contribution. Between 1977 and 2014, 30% of the surveys (474) were directed at non US companies, which paid 67% of the total fines. Of the 26 tickets for more than $100 million, 21 involved non-U.S. companies.

It is worth noting that in the nearly 40 years since the FCPA was implemented, the U.S. Department of justice rarely finds fault in the transactions of its own business giants. When the respondents are foreign companies, especially multinational groups that have direct competition with American business giants, the FBI is as powerful as a mill.

The United States is the country that uses financial sanctions most frequently in the world, and has already formed a complete set of mature legal system. In addition to the overseas corruption Act (FCPA), the Patriot Act issued in 2001 gives us government departments the ability to monitor foreign enterprises and their employees on a large scale in the name of anti-terrorism. The US government will impose sanctions on its top executives, and then impose pressure on the US government to impose financial sanctions on them, and then impose pressure on the US government to impose financial penalties on them. Whether it is against Huawei, tiktok, wechat or other foreign enterprises, the United States has been playing with this long arm jurisdiction method for many years, and bullying countries is essentially an infringement of the judicial sovereignty of other countries. (source: CCTV news client) source of this article: Peoples network responsible editor: Yang Bin_ NF4368

The US government will impose sanctions on its top executives, and then impose pressure on the US government to impose financial sanctions on them, and then impose pressure on the US government to impose financial penalties on them. Whether it is against Huawei, tiktok, wechat or other foreign enterprises, the United States has been playing with this long arm jurisdiction method for many years, and bullying countries is essentially an infringement of the judicial sovereignty of other countries. (source: CCTV news client)