BIS Denies Entity Export Privileges, Revokes Licenses Until May 2015
The Bureau of Industry and Security has issued an order denying certain export privileges until May 2, 2015 against Credit International Trading Co., Ltd. of China, which has been determined to be affiliated with the individual Ruo Ling Wang, who…
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was convicted in 2005 of knowingly and willfully making a false statement and concealing a material fact from BIS and the former U.S. Customs Service. BIS is also revoking all licenses in which Credit International had an interest at the time of Wang’s conviction. (See ITT's Online Archives or 05/02/06 news, 06050299, for BP summary of the Wang denial order.)