By Maya Lester KC & Michael O’Kane

OFAC fines HyperBranch for sanctions violations

OFAC has fined HyperBranch Medical Technology Inc., a US medical goods company, $107,691.30 for apparent violations of US sanctions on Iran. HyperBranch is said to have exported thousands of units of medical goods to its distributor in the UAE, with knowledge or reason to know that the goods were ultimately destined for Iran. In its enforcement notice, OFAC said that…...

This content is for subscribers only

To continue reading please login or subscribe.

IranIran United StatesUnited States

About Michael O'Kane

For all site-related issues, including subscription and payment issues, please contact
Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters &...

See profile for Michael O'Kane >

Share this page on: