PanAmerican Seed Company has agreed to pay $4.3m in settlement of its potential civil liability for violations of US sanctions on Iran. Between May 2009 and March 2012, it is said to have exported seeds, primarily of flowers, to 2 Iranian distributors on 48 occasions. OFAC said that PanAm Seed did not voluntarily disclose the alleged violations, and that they...
For all site-related issues, including subscription and payment issues, please contact info@europeansanctions.com.
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 &...
Iran
United States