Fiorina’s HP Earned Millions From Sales in Iran: Bloomberg View
(Bloomberg) -- Under leadership of Republican presidential candidate Carly Fiorina, Hewlett-Packard sold hundreds of millions of dollars’ worth of products to Iran through a foreign subsidiary, despite strict U.S. export sanctions, Bloomberg View’s Josh Rogin writes.
* While she was in charge, HP used a European subsidiary and a
Middle East distributor to sell hundreds of millions of
dollars of printers and other computer equipment to Iran:
Rogin * NOTE: U.S. companies were banned from exporting to Iran in
1995, so if HP executives knew about what the Dubai-based
distributor was doing, they would have been breaking U.S.
law * NOTE: On the campaign trail this year, Carly Fiorina has
been a staunch advocate of keeping crippling sanctions on
* In April, she said Iran sanctions were “unraveling
fast,” something she called a “dangerous development” * NOTE: Fiorina was CEO of HP from 1999 to 2005 * NOTE: Fiorina’s campaign did not respond to several requests
for comment this week and last week Full story
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