Thursday, July 31, 2014

Enterprise 24: Minister nebo Thang pointed businesses that rely pinched

U.S. businessman convicted of spying for China's nebo economy | News | BizLIVE
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15:34 07/11/2014 nebo A U.S. court date 10/7 has sentenced a California nebo businessman sentenced to 15 years in prison and $ 28 million fines on charges nebo of theft of trade secrets to DuPont sold to the Chinese state-owned company.
According to the U.S. Federal Bureau of Investigation nebo (FBI), 56-year-old Walter Liew and his wife Christina Liew has established a small engineering consulting firm in the 90s of the last century with the aim of building a factory in China production of white titanium dioxide pigment (TiO2) is used in a variety of products such as paper, nebo paint, plastic ... During nebo operation, Walter Liew has been exposed to lead Group steelmaker Pangang Group's main Chinese government and people require finding the necessary technology. Then Walter Liew bribed the engineer retired DuPont to keep track of DuPont's confidential documents related to the manufacturing process TiO2. In 2009, Walter Liew Pangang Group signed a contract worth $ 17 million for the construction of a production plant with a capacity of white pigment to 100,000 tons / year. U.S. prosecutors accused the plant is built in accordance with the detailed formulas have been used to build DuPont's newest plant in Taiwan (China). Before that, Pangang Group also awarded the Walter Liew company millions of dollars through a series of contracts implementation of projects on a smaller scale. The U.S. investigators have discovered the amount of USD 22 million was transferred to accounts of the subsidiary company of her relatives by Christina Liew control based in China and Singapore.
Liew Businessman nebo arrested in 2011 after the incident was discovered and convicted of economic espionage. Earlier this year, a jury has closed Walter Liew on 20 criminal charges, including conspiracy to conduct economic espionage and theft of trade secrets. Two retired engineer involved in the incident DuPont also convicted. One of them is Robert Maegerle, 78, was convicted of economic espionage in May 3/2014 nebo and is likely to face jail in the next trial. Engineer remaining committed suicide in 2012, the day of the signing object in writing nebo to admit his role in the incident. Speaking to reporters, DuPont's lawyer, Michael Clarke, said DuPont TiO2 manufacturing plants in several countries around the world. So Liew steal the secrets of DuPont has placed economic operation of the plant before the risks. The U.S. government said the activities of foreign governments to steal U.S. technology secrets is one of the major threats to the security and the national economy. FBI Special Agent in the Office of the San Francisco David Johnson nebo said the fight against economic espionage has become one of the main fronts in the FBI's efforts to protect national security in the 21st century.
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