Source: United Press International
“German engineering and technology firm Bosch has agreed to pay a $36 million [bribe] to resolve federal allegations that it exported restricted products and software to China’s Huawei. Federal prosecutors announced the agreement Wednesday, saying the Bosch resolution was the National Security Division’s first declination under the Justice Department’s new corporate self-disclosure policy. The company has agreed to forfeit the $11.4 million in profits it made in the alleged transactions, with a portion being credited against the [bribe]. As a result, the NSD has declined to prosecute the company.” (06/18/26)
https://www.upi.com/Top_News/US/2026/06/18/Bosch-pays-export-fine/5371781769505/