JBT pays penalty for violation of US anti-nuclear proliferation sanctions

John Bean Technologies (JBT) has agreed to pay $391,950 in settlement of any potential civil liability for its violation of US anti-nuclear proliferation sanctions.  In its announcement of the penalty, OFAC stated that JBT’s violation was that it dealt in property that was blocked under the sanctions, namely a letter of credit for $2,897,936 that it presented to a US...

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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