March 05, 2010

Debate Fact Check #4: HP Printer Sales

THE TRUTH ABOUT…Hewlett-Packard’s printer sales.

CLAIM:
Carly sold printers to Iranian terrorists in violation of U.S. trade embargoes.

FACT:
During Carly’s tenure, HP had all the proper export controls and legal reviews in place to ensure compliance with all laws and U.S. sanctions. These are baseless political attacks with no foundation in fact.

HP is one of the largest technology companies in the world and, as such, is under close scrutiny with regard to its business practices.

Accusations about the legality of HP’s printer sales have never been supported by any federal investigation or report. In fact, the U.S. Securities and Exchange Commission inquired about the matter, but the company has never been found in violation of U.S. trade embargoes.

SEC Inquired And Found No Violation Of Trade Embargo. “DeVore pressed Fiorina, the former chief of Hewlett-Packard, for details about a subsidiary’s printer sales to Iran, which is subject to a trade embargo. The United Arab Emirates-based subsidiary, Redington Gulf, was honored by HP as wholesaler of the year in 2003, under Fiorina’s tenure. When reports of the Iranian sales came to light in 2008, three years after Fiorina was fired, Hewlett-Packard terminated its relations with the subsidiary…Fiorina has previously said she had no knowledge of illegal sales. The SEC has inquired about the matter, but the company has never been found to have violated the embargo.” (Seema Mehta, “Previews of upcoming GOP Senate debate? ” Los Angeles Times, 3/3/10)

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About Carly Fiorina

Carly Fiorina is running for the U. S. Senate because she knows fiscal conservatism and a focus on jobs is the way to return America to greatness. More

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