US Company Accused of Illegally Supplying Tech to Russia Despite Sanctions

1 min read
Source: PBS NewsHour
US Company Accused of Illegally Supplying Tech to Russia Despite Sanctions
Photo: PBS NewsHour
TL;DR Summary

Haas Automation, a high tech American manufacturer, may be violating American sanctions by supplying precision machining tools to several sanctioned enterprises in the Russian arms industry, according to documents filed with the U.S. Treasury and the Department of Commerce. The Economic Security Council of Ukraine alleges that Haas is doing business with the Russian arms industry through Abamet Management LTD., a company in Russia that is its official distributor in Russia and Belarus. Haas vice president Peter Zierhut denied the allegations, but customs records reviewed by "NewsHour" show that shipments continued for months after Russia's invasion of Ukraine began.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

5 min

vs 6 min read

Condensed

92%

1,18499 words

Want the full story? Read the original article

Read on PBS NewsHour