Getting your player ready...
NEW YORK — A Manhattan grand jury on Tuesday indicted a Chinese executive and his company on charges of covertly using New York banks to finance the sale of tons of restricted materials to Iran, potentially supporting Tehran’s ballistic-missile and nuclear programs in violation of U.N. sanctions. The indictment accused Li Fang Wei and LIMMT Economic and Trade Co. of selling high-strength metals with military applications to subsidiaries of an Iranian military agency.
