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Bureau of Export Administration
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| WASHINGTON - The Commerce Department’s Bureau of Export Administration (BXA) today imposed a $20,000 civil penalty on Gold Valley Technology Company to settle allegations that it violated a term of an export license involving a shipment of computers to the People’s Republic of China, Commerce Assistant Secretary for Export Enforcement F. Amanda DeBusk announced. BXA alleged that in September 1993, the company, located in Hong Kong, arranged for a shipment of computers to the People’s Republic of China although it knew or had reason to know that it would violate a condition on the validated BXA license issued for the export. While neither admitting nor denying the allegations, Gold Valley Technology Company agreed to pay the penalty. A portion of the penalty, $10,000, was suspended. The Department of Commerce, through its Bureau of Export Administration, administers and enforces export controls for reasons of National Security, Foreign Policy, nonproliferation and short supply. BXA’s Office of Export Enforcement Washington Field Office investigated this case. Criminal penalties, as well as administrative sanctions, can be imposed for violations of the regulations. |
