Under Carly Fiorina, HP Sold Millions Of Dollars Of Products To Iran
Fiorina’s dealings with Iran were established thanks to a 1997 agreement made between the U.S. company and the Indian-owned, Dubai-based Redington Gulf.
Carly Fiorina, a Republican candidate president and the former CEO of Hewlett-Packard, presents herself on the campaign trail as a hawk on Iran. She’s promising to take a hardline on the regime in Tehran.
However, during her time as the chief executive of HP, she “sold hundreds of millions of dollars’ worth of products to Iran through a foreign subsidiary, despite strict U.S. export sanctions,” Bloomberg reports.
While running the show at HP, Fiorina thwarted sanctions by dealing with Iran through European and Middle Eastern companies, allowing for the tech company to dominate the market in Tehran. By 2007, HP-made printers accounted for 41 percent of the total market share in the country, the report states.
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