By Maya Lester KC & Michael O’Kane

OFAC fines Alcon for sanctions violations

OFAC has fined Alcon Laboratories, Alcon Pharmaceuticals, and Alcon Management (Alcon) $7,617,150 for violating US sanctions on Iran and Sudan. Alcon, a multinational medical company, is said to have violated the Iran sanctions on 452 occasions and the Sudan sanctions on 61 occasions when it sold and exported surgical and pharmaceutical products from the US to distributors in those countries…...

This content is for subscribers only

To continue reading please login or subscribe.

IranIran SudanSudan 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: